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Audit and Accounting Update for Financial Institutions

Nov 21, 2016

This webinar was recorded on November 21, 2016. Click the Download button to watch the recording and to view the presentation slides.

Wipfli’s audit and accounting webinar updates you on final accounting rules effective for 2016 and 2017, as well as some rules that have been finalized but will not be effective for several years. We also look at the current status of several proposed rules being deliberated by FASB and significant implications they would have for the financial institution industry.

Topics discussed will include:

  • Final accounting rules
  • Impairment of financial instruments (that is, CECL)
  • Classification and measurement of financial instruments
  • Leases
  • Revenue recognition
  • Share-based compensation
  • Going concern
  • Debt issuance costs
  • Measurement period adjustments
  • Interpretations of who is a public business entity


Brett D. Schwantes, CPA
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