Accounting and Audit Update for Financial Institutions

Wipfli’s annual accounting and audit webinar provides an update on final accounting rules effective for 2018 and 2019, as well as some rules that have been finalized but will not be effective for several years. We also looked at the current status of any significant proposed rules being deliberated by FASB and implications they would have for the financial institution industry.

Topics discussed include:

• Revenue recognition
• Leases
• Classification and measurement of financial instruments
• Impairment of financial instruments (that is, CECL)
• Hedge accounting

 This webinar was created for senior management handling audit and accounting issues