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Understanding FASB’s Proposed Credit Impairment Model
   LIVE Webcast  

 


Event Details:                                                                                                                                                          

After considering feedback from US investors on the "three-bucket" credit impairment approach, FASB introduces its new impairment model referred to as the Current Expected Credit Losses (CECL) model. This program will address significant matters in relation to the propose model, including: (1) understanding the features of the model specifically its advantages and disadvantages; (2) how the model differs from three-bucket model; (3) What are its potential impact to industry's balance sheets; (4) What are the necessary advance preparations.

Log into this LIVE webcast as our panel of key thought leaders provides a comprehensive overview of CECL model along with its benefits and challenges. The panel will also be available to answer questions for participants.


Course Level: Intermediate
Prerequisite: None
Method Of Presentation: Group-Based-Internet
Developer: The Knowledge Group, LLC
Recommended CLE/CPE Hours: 1.75 - 2.0
Advance Preparation: Print and review course materials
Course Code: 124408
 NASBA Field of Study: Accounting – 2.00 credit hours
Recording Fee: $299  (Please click here for details) 

 

Featured Speakers for Understanding FASB’s Proposed Credit Impairment Model LIVE Webcast :


Agenda  (click here to view more)
SEGMENT 1:

Barry M. Pelagatti, Partner,
ParenteBeard LLC

  • Why is this change considered necessary?
  • Which assets on my balance sheet will be effected?
  • What is changing?
  • How will these changes impact my financial reports?
  • When will these changes be effective?


SEGMENT 2:

Lisa Filomia, Partner,
Ernst & Young LLP

  • What is being proposed
  • The implications to loans
  • The implications to debt securities
  • Comparison to IFRS proposal
  • What financial institutions are doing now




ParenteBeard LLC
Barry M. Pelagatti
Partner
speaker bio »»

Ernst & Young LLP
Lisa Filomia
Partner
speaker bio »»



Who Should Attend?

- CPAs
- Executives and Senior Officers of Banks, Thrifts, Credit Unions, and other Financial Institutions
- Financial Executives/Officers
- Financial Industry Analysts
- Attorneys and Consultants for Financial Companies
- Lawyers
- Other Related Professionals

Why Attend?

This is a must attend event for professionals seeking to understand FASB’s Proposed Credit Impairment Model.

- New guidance explained by the most qualified key leaders & experts
- Hear directly from experienced practitioners & thought leaders
- Interact directly with panel during Q&A

Enroll in this course today by clicking the "Register" button below. Significant discounts apply to early registrants. Advanced registration is advised as space is limited.

Registration Information:                                                                                                                                    


(Click here for information on group registrations and discounts)

** Discounts apply for early registration

Disclaimer:
Please note, the event date is firm although it may be subject to change. Please click here for details.
The Knowledge Group, LLC is producing this event for information purposes only. We do not intend to provide or offer business advice. The contents of this event are based upon the opinions of our speakers. The Knowledge Congress does not warrant their accuracy and completeness. The statements made by them are based on their independent opinions and does not necessarily reflect that of The Knowledge Congress' views. In no event shall The Knowledge Congress be liable to any person or business entity for any special, direct, indirect, punitive, incidental or consequential damages as a result of any information gathered from this webcast.

 

 

 

 


Understanding FASB’s Proposed Credit Impairment Model
LIVE Webcast
Speaker Firms:




ParenteBeard LLC is ranked among the top 25 accounting firms in the U.S. With over 1,000 professionals, the firm is a leader in providing CPA and business advisory services to SEC registrants, nonprofits, middle market companies and small businesses. The Firm’s experienced financial services executives serve over 200 clients in the financial services industry. Their clients range in size from de novo banks to institutions with total assets in excess of $15 billion, of which approximately 40 are publicly held. We provide our clients with extensive knowledge of banking operations and regulations and industry specific audit and tax expertise. As an independent member of Baker Tilly International, ParenteBeard is proud to provide the highest level of service to clients nationally and internationally.




Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 167,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential.

Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit www.ey.com.




 

The Knowledge Group, LLC 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 addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Website: www.nasba.org



 

We are an approved multi-event sponsor in the state of California. Our provider ID is: 14451. In Texas, Illinois, and Virginia, we submit programs for individual approval in advance. In all other states, once attendance is verified, participants are emailed an official certificate of attendance which they submit to their respective State Bar Associations. Our programs are created with continuing education in mind and are therefore designed to meet the requirements of all State Bar Associations. If you have any questions, please email our CLE coordinator at: info@knowledgecongress.org

Attention New York Attorneys:

This program is approved for CLE credit under New York’s Approved Jurisdiction policy. The Knowledge Group, LLC is an approved sponsor in the state of California, a New York Approved Jurisdiction. This program fulfills the non-traditional format requirement of exceeding 60 minutes in length. Please note only experienced attorneys (more than 2 years) are eligible to receive CLE credit via non-traditional format learning platforms. The Knowledge Group will verify attendance during the webcast via secret words (3 per credit hour) and by auditing attendees log in and log out records. All verification instructions will be provided during the webcast. Once attendance verification requirements have been completed, the attendee will be issued a certificate of attendance be The Knowledge Group for the course with the recommended number of credit hours. The Certificate of Attendance is normally sent via email in 24 hours or less.

To Claim Your CLE Credits:

The attorney should simply include credits earned via Knowledge Group webcasts when computing the total number of CLE credits completed, and keep the Knowledge Group Certificate of Attendance for a period of at least four (4) years in case of audit. An attorney may count towards her/his New York CLE requirement credit earned through the Approved Jurisdiction policy without notifying the CLE Board.

To learn more about New York’s Approved Jurisdiction policy. Please visit: http://www.nycourts.gov/attorneys/cle/approvedjurisdictions.shtml

Attention Pennsylvania Attorneys:

Knowledge Congress is not yet an Accredited Distance Learning Provider in PA, neither the instructors nor any PA attendees will receive credit for the course.



 
Enrolled Agents Sponsor ID Number: 7602U

We have entered into an agreement with the Office of Professional Responsibility, Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the Office of Professional Responsibility as to the quality of the program or its contribution to the professional competence of the enrolled individual.