The Financial Accounting Standards Board’s latest Accounting Standards Update sets out the final impairment credit accounting standard with detailed guidance on the new loss reserve model, Current Expected Credit Loss (CECL).
Affected organizations face several compliance challenges, but the main areas of impact are modelling, data and IT systems, business processes accounting, and disclosures and reporting, as well as internal audit and controls.
Join Protiviti’s subject-matter experts for a live discussion on how CECL will likely change internal audit’s risk assessments and audit approach.
- The Big Picture – History and Changing Current GAAP
- Methodology for Measuring Expected Credit Losses
- Issues in Leveraging Basel and Stress Testing Models for CECL/IFRS 9 Impairment
- CECL Implementation and Impact Considerations
Original Webinar Date: April 20, 2017