Current Expected Credit Loss for Nonprofit Organizations
Overview
Marcum will explain the requirements of ASU 2016-13, Financial Instruments – Credit Losses in (Topic) 326 and their impact on nonprofit organizations. We will go over the differences between the current incurred loss methodology and the current expected credit loss (CECL) methodology.
We will also provide the audience with an understanding of the impact of CECL on the financial statements in year of adoption and subsequent periods. We will provide an understanding of documentation and support required to help entities be prepared for their financial statement audit in the year of adoption.
MODERATOR
Roger Bulosan, Partner, Northern California Nonprofit Industry Leader Marcum LLP
PRESENTER
Rosangela Nicholson, Director, Marcum LLP
CPE CREDITS
| Program Description | Current Expected Credit Loss for Nonprofit Organizations |
| Important Notice Regarding CPE: | |
| Learning Objectives |
At the end of this webinar, participants will be able to:
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| Instruction Delivery Method | Group Internet Based |
| Recommended CPE Credit | 1 Credit |
| Recommended Field of Study | Accounting |
| Prerequisites | None |
| Program Level | Overview |
| Advance Preparation | None |
| Cancellation Policy | You may cancel your registration at any time prior to the event. |
| Complaint Resolution Policy | For more information regarding refund, concerns and program cancellation policies, please contact our offices at [email protected]. |
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Marcum LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org. |
