Webinar: Understanding and Preparing for CECL
CECL, the new accounting standard for credit losses, will have significant impacts on how financial institutions record expected losses. While the new standard is more complex for financial institutions, it will affect many companies across industries that have assets measured at amortized cost on their balance sheet. In this webinar, Riveron’s Steve Manko and Mark Cox provide an overview of the new standard and explain core concepts such as the estimation of credit losses and the identification and scoping of assets.
Adopting ASC 842 is not simply a compliance exercise; it is an opportunity to take advantage of hidden benefits such as vendor rationalization and spend reduction.
Riveron’s Ask the Experts webinar series convenes industry and subject-matter experts for timely and relevant discussions on key issues shaping today’s business world. In this five-part series, Riveron analysts explore all aspects of the new lease accounting standard (ASC 842) to help companies navigate the challenges and complexities that can emerge during all phases of the implementation journey.