Description

FASB Accounting Standards Update

Understand FASB's important accounting and reporting areas: financial instruments and leases.

Learn to assess and implement the new standards and guidance that are applicable to your practice.

Target Audience

accounting professionals

Course Objectives

Recall the requirements of the CECL model for measuring the impairment of financial instruments.

Calculate the rightofUse asset and corresponding lease obligation for lease agreements.

Subjects

FASB accounting standards Updates in financial instruments and leases

- Credit losses, troubled debt restructuring, lease accounting

Prerequisites

Accounting professionals with operational or supervisory responsibilities, or both.