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The Essential GAAP Update for Banks and Other Financial Institutions (2019)   

8

Estimated CPE
Tuition
$1,295.00
Course Number
19-IL-540-EE
Hotel / Venue Details
View Details
8

Estimated CPE
Tuition
$1,295.00
Course Number
19-IL-540-EE
Hotel / Venue Details
View Details

Course Details

Banks and other financial institutions often follow special accounting rules not applicable to other companies. This seminar helps professionals responsible for accounting and reporting at banks and other financial institutions gain a comprehensive understanding of the specific accounting issues in their industry.

The one-day seminar provides an in-depth update of recent developments impacting the financial services industry, including new and proposed regulatory guidance. Through class exercises and illustrative examples, participants are able to assess the impact of standard setter and regulator activities and projects on their own institutions.

Topics covered include:

  • Current banking practice and application issues (including implementation issues surrounding revenue recognition and the discontinuation of LIBOR)
  • Standards generally effective in 2019, including:
    • Hedge accounting
    • Leases
    • Premium Amortization on purchased callable debt
  • Standards generally effective in 2020 and beyond, including:
    • Credit losses under the new CECL (current expected credit loss) model
    • Other ASUs and FASB projects generally effective in 2020 and beyond

Course Leaders
GAAP Dynamics, a training firm that provides tailored and engaging learning solutions to companies and accounting firms worldwide. Their passion for making accounting understandable and their extensive industry knowledge combine to create a uniquely effective learning experience. They make accounting fun!

Keywords: Accounting for Banks; Accounting Update for Banks; FASB Update for Banks; Industry Update for Banks; Financial Services Update; Financial Services Accounting Update; FASB Update for Financial Services; Revenue Recognition for Banks; Revenue Recognition for Financial Services; Financial Instruments; Fair Value; Accounting; ASU; Revenue From Contracts with Customers

Other Details

Special Notice/Instruction:
NASBA Delivery Method: Group Live
Prerequisite: None
Preparation: None
Level of Knowledge: Update
Field of Study: Accounting
Delivery Method: Seminar
New York, New York
12/06/2019

Banks and other financial institutions often follow special accounting rules not applicable to other companies. This seminar helps professionals responsible for accounting and reporting at banks and other financial institutions gain a comprehensive understanding of the specific accounting issues in their industry.

The one-day seminar provides an in-depth update of recent developments impacting the financial services industry, including new and proposed regulatory guidance. Through class exercises and illustrative examples, participants are able to assess the impact of standard setter and regulator activities and projects on their own institutions.

Topics covered include:

  • Current banking practice and application issues (including implementation issues surrounding revenue recognition and the discontinuation of LIBOR)
  • Standards generally effective in 2019, including:
    • Hedge accounting
    • Leases
    • Premium Amortization on purchased callable debt
  • Standards generally effective in 2020 and beyond, including:
    • Credit losses under the new CECL (current expected credit loss) model
    • Other ASUs and FASB projects generally effective in 2020 and beyond

Course Leaders
GAAP Dynamics, a training firm that provides tailored and engaging learning solutions to companies and accounting firms worldwide. Their passion for making accounting understandable and their extensive industry knowledge combine to create a uniquely effective learning experience. They make accounting fun!

Keywords: Accounting for Banks; Accounting Update for Banks; FASB Update for Banks; Industry Update for Banks; Financial Services Update; Financial Services Accounting Update; FASB Update for Financial Services; Revenue Recognition for Banks; Revenue Recognition for Financial Services; Financial Instruments; Fair Value; Accounting; ASU; Revenue From Contracts with Customers

Special Notice/Instruction:
NASBA Delivery Method: Group Live
Prerequisite: None
Preparation: None
Level of Knowledge: Update
Field of Study: Accounting
Delivery Method: Seminar

Seminar Brochure

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Locations / Dates


New York, New York
12/06/2019


Seminar Brochure

Click to view, download, print