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Does CECL apply to NFPs?

Description

Current expected credit loss standard (Bold)

In this session of the Not-for-Profit Section’s monthly webcast series, industry experts discuss upcoming changes due to the current expected credit loss (CECL) standard, including:
– Future considerations that not-for-profit organizations should evaluate
– Additional disclosures to help users understand how credit losses are estimated

Learning Objectives

*Analyze changes that will occur because of CECL Accounting Standard updates *Identify how CECL Accounting Standard Updates may affect not-for-profit organizations *Determine considerations not-for-profit organizations should Evaluate in advance of the Adoption date of this guidance

Major Topics

•who and what is affected by CECL •what is scoped out for CECL •Estimation Requirements and approaches for CECL •presentation and disclosure •Requirements of CECL

Provider
AICPA
Course Level
Intermediate
Professional Area of Focus
Accounting and Auditing
Accounting & Auditing
CPE Field of Study
Accounting
1
Auditing
1
Who Should Attend

*individuals with knowledge of or interest in the not-for-profit industry *Accounting and finance professionals

Prerequisites

Knowledge of the not-for-profit industry

Advanced Preparation

None

Location
Online – AICPA Platform
Event Information
When
Dec 13, 2023
1:00 pm - 3:00 pm EDT
Location
Online – AICPA Platform
Total CPE Credits
2
Format
Live Webcast

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$118.00

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$142.00
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Does CECL apply to NFPs?


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