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Fair Value Measurements of Financial Instruments: Current Expected Credit Losses
CPE Self-study

Fair Value Measurements of Financial Instruments: Current Expected Credit Losses

Examines the core principles of the Current Expected Credit Loss impairment standard.

$49 - $59
Do you have an AICPA membership? Log in to apply your member discount.

Format

Online

NASBA Field of Study

Accounting

Level

Basic

CPE Credits

1.5

Author(s)

Michael Umscheid

Availability

1 year

Product Number

188630

 Business & partner 
Product Details

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.

Key Topics
  • Pillars of CECL
  • Historical loss period – contractual term
  • Data aggregation methods
  • Life cycle losses
  • Prepayments
  • Loan commitments
Learning Outcomes
  • Identify similarities and differences between current expected credit losses (CECL) and expected credit losses (ECL).
  • Recall the key pillars of CECL and how the new standard changes the allowance calculation.
  • Recall other aspects of CECL, such as purchased financial assets with credit deterioration.
Credit Info
CPE Credits
Online
1.5
NASBA Field of Study
Accounting
Level
Basic
Prerequisites
None
Access
Online
This is a digital product. You will have access to the content for 1 year after purchase date.
Pricing
Do you have an AICPA membership? Log in to apply your member discount.
Nonmembers
Online
$59.00
AICPA Members
Online
$49.00

Group ordering for your team

2 to 5 registrants

Save time with our group order form. We’ll send a consolidated invoice to keep your learning expenses organized.

Start order

6+ registrants

We can help with group discounts. Call us at 1-800-634-6780 (option 1) or email us at salessupport@aicpa.org

Contact us
Instructors
Michael Umscheid
CPA
Mike serves as Chief Executive Officer and President of Harbinger Technology Solutions, LLC. For over 25 years, he has been providing consulting and auditing services to public and non-public companies. Mike has spoken at numerous national and regional workshops and seminars for industry-related groups and regulators including AICPA's National Banking Conference and National Credit Union Conference. Mike is a Member of the American Institute of Certified Public Accountants (AICPA). He was also a member of the Auditing Standards Board. Mike served as Chairman of the AICPA's Financial Services Expert Panel and the AICPA Internal Control Task Force on SAS 112, SAS 115, and AT 501. He is co-editor of the Audits of Financial Institution Manual published by Thompson Publishing (PPC) and co-author of PPC's Guide to PCAOB Audits.
Accessibility

The Association is dedicated to removing barriers to the accountancy profession and ensuring that all accountancy professionals and other members of the public with an interest in the profession or joining the profession, including those with disabilities, have access to the profession and the Association's website, educational materials, products, and services. The Association is committed to making professional learning accessible to all. This commitment is maintained in accordance with applicable law. For additional information, please refer to the Association's Website Accessibility Policy. For accommodation requests, please contact adaaccessibility@aicpa-cima.com and indicate the product that you are interested in (title, etc.) and the requested accommodation(s): Audio/Visual/Other. A member of our team will be in contact with you promptly to make sure we meet your needs appropriately.

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Cancellation Policy
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Fair Value Measurements of Financial Instruments: Current Expected Credit Losses
Select from the following options:
Online
$59.00
Nonmember Price
$59.00
Price excluding sales tax
$59.00
Do you have an AICPA membership? 
Log in to apply your member discount.
Shipping cost and sales tax will be added later during checkout

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