0       0

ENGAGE 2017


NAA1737 - We're Not a Bank - Why Should We Care About the New Credit Loss Model?


Jun 14, 2017 4:00pm ‐ Jun 14, 2017 4:50pm

Standard: $49.00

Description

On June 16, 2016, the FASB issued Accounting Standards Update (ASU) 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. The amendments in this ASU significantly change how entities will measure credit losses for most financial assets and certain other instruments that aren’t measured at fair value through net income. While there are obvious implications for financial institutions, many are not aware of the impact on non-financial services entities. In this session, we will highlight the implications for trade receivables and other items.

Learning Objectives:

  • Be aware of the impact of ASU 2016-13 on non-financial services entities
  • Apply the credit loss model to trade receivables

Speaker(s):

  • Russ Madray, CPA, CGMA, Scholar-in-Residence, Elliott Davis
Tags: NAA

You must be logged in and own this session in order to post comments.

Print Certificate
Review Answers
Print Transcript
Completed on: token-completed_on
Review Answers
Please select the appropriate credit type:
/
test_id: 
credits: 
completed on: 
rendered in: 
* - Indicates answer is required.
token-content

token-speaker-name
token-index
token-content
token-index
token-content
token-index
token-content
token-index
token-content
token-index
token-content
token-index
token-content
/
/
token-index
token-content