ASC 326: CECL implementation for nonprofits

Business > Accounting6/27/2024 5:00 PM

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Are you prepared to navigate the complexities of implementing the Current Expected Credit Loss (CECL) standard within your nonprofit organization? If so, join us for an exclusive webinar tailored specifically for nonprofit professionals like you.

Key highlights:

  • Professional guidance: Learn from industry leaders Kendall Kuhn and Justin Kay as they delve into the nuances of CECL and its impact on nonprofits.

  • Practical insights: Explore proven strategies for forecasting and recognizing expected credit losses upfront, helping ensure compliance without compromising your organization’s mission.

  • Tailored solutions: Gain practical skills in CECL model development, validation and documentation tailored to nonprofit operations.

  • Ongoing support: Discover transition strategies and compliance measures essential for effectively implementing and maintaining CECL standards.

Learning outcomes:

  • Understand CECL’s impact: Distinguish the nuances of CECL and its specific implications for nonprofit organizations.

  • Forecasting strategies: Examine proven strategies for forecasting and recognizing expected credit losses customized to nonprofit portfolios.

  • Practical skills development: Acquire practical skills in CECL model development, validation and documentation directly applicable to nonprofit operations.

  • Transition and compliance: Analyze transition strategies and ongoing compliance measures to effectively implement and maintain CECL standards within nonprofit contexts.

Empower your nonprofit with the knowledge and tools needed to conquer CECL implementation challenges and safeguard financial compliance. Reserve your spot today!

Thursday, June 27, 2024 | 10:00 a.m. – 11:40 a.m. PT

Course Level: Intermediate

This session is eligible for 2.0 CPE credit hours (Technical)

Don’t miss out! Register now to secure your spot.

Why attend?

CECL implementation is a critical aspect of financial management for nonprofits. This webinar equips you with the insights and skills necessary to effectively manage CECL standards, helping ensure compliance while staying true to your organization’s mission. Take advantage of this opportunity to elevate your nonprofit’s financial practices. Register now.

The Presenters: Kendall Kuhn (Senior Manager, Assurance) and Justin Kay (Director, Technical Accounting & IPO Readiness).


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