American Financial Services Association

AFSA Webinars | Is Your Company Ready for CECL Compliance?

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AFSA Webinars | Is Your Company Ready for CECL Compliance?

Join AFSA for a webinar entitled Preparing your Company for Compliance with the Current Expected Credit Loss (CECL) Model¸ presented by Dixon Hughes Goodman on Thursday, August 3 at 1:30 p.m. ET. Registration is now open.

Heather Cozart, Partner, with DHG will share her more than 18 years of expertise in the public accounting and financial services industry to help you prepare for CECL compliance.

June 2016 was a major milestone with the FASB’s issuance of the long awaited new accounting standard for loan losses. Designated the current expected credit loss model (commonly referred to as “CECL”), the standard requires entities to record credit losses at origination based on a life of loan loss concept. This webinar will also address commonly asked questions such as why the Financial Accounting Standards Board (FASB) changed the rules to the CECL methodology, what the required adoption timeline looks like by type of company, and how this will affect your balance sheet upon adoption.

AFSA hosts a variety of webinars throughout the year to educate members on some of the most pressing issues that face the financial services industry. The upcoming schedule is below, and registration is available, along with materials and webinar recordings of previous AFSA webinars, in the Webinar Resource Center are of the AFSA website.

July 24th, 2017 by