Examines the core principles of the Current Expected Credit Loss impairment standard. ## Be prepared for changes to come. The new Current Expected Credit Loss impairment standard is coming and will significantly affect industries with several receivable accounts. Developed for those engaged in the financial instruments valuation profession, this CPE course examines the core principles of this new standard, so you can be prepared for the changes to come. You will learn the background, purpose, and main provisions of the standard under GAAP and IFRS such as: issues with previously issued standards that caused a new standard to be written, CECL vs. ECL. Get the knowledge you need to be prepared.
Learning Objectives
Intermediate
Major Topics
Preparing consolidated statements;Accounting for foreign currency transactions;Financial statement analysis;Producing consolidated financial statements;Indirect holdings impact;Operating and cash cycle evaluation;Performance reports;Behavioral strategies;Beyond budgeting approach;Benchmarking tools;Transfer pricing;Digital transformation
