NASBA Field of Study
Current expected credit loss history
Measuring expected credit losses
Bond and equity portfolios
Current expected credit loss models
Presentation and disclosure requirements
Identify changes in FASB ASC 825, Financial Instruments, as a result of the new financial instrument standards on classification and measurement and impairment.
Recall key points related to the simplification of accounting requirements.
Recall significant points related to the credit loss model for financial assets for the recognition of losses.
Identify related disclosure requirements.
Accountants in public practice and industry who need an update on the latest financial instruments guidance.