Wipfli’s annual audit and accounting webinar updates you on final accounting rules effective for 2017 and 2018, 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 include:
- Who is a public business entity?
- Revenue recognition
- Classification and measurement of financial instruments
- Impairment of financial instruments (that is, CECL)
- Hedge accounting
- Goodwill impairment testing
This webinar was presented for Senior Management handling audit and accounting issues in financial institutions.