Newsroom

Back to the Newsroom
December 28, 2015

Savings end tomorrow on CECL, other accounting changes webcast

Early-bird savings of $100 ends Wednesday on NAFCU's Jan. 6 webcast discussing generally accepted accounting principles, focusing on recent changes to guidance for troubled debt restructurings, goodwill accounting and the credit loss standard.

CliftonLarsonAllen LLP Senior Audit Manager Chuck Kelly and Audit Manager A.J. Eschle will lead the webcast and will discuss the "current expected credit loss" standard under review now by the Financial Accounting Standards Board. The CECL standard is expected to be made final in the first quarter of 2016.

They will also discuss changes to the defined benefit mortality tables and other pending guidance from FASB.

Credit union viewers of the webcast will learn how to prepare for FASB's CECL standard and account for a collateral-dependent loan, among other things. The webcast begins at 2 p.m. Eastern.

The Jan. 6 webcast is part of NAFCU's accounting compliance Webcast Series. The webcast will be available on-demand for a year after its broadcast through NAFCU's Online Training Center.

Related Resources

Complete NAFCU Credit Union Compliance Advertising Guide

Guides
Add to Calendar 2024-06-26 14:00:00 2024-06-26 14:00:00 Gallagher Executive Compensation and Benefits Survey About the Webinar The webinar will share trends in executive pay increases, annual bonuses, and nonqualified benefit plans. Learn how to use the data charts as well as make this data actionable in order to improve your retention strategy. You’ll hear directly from the survey project manager on how to maximize the data points to gain a competitive edge in the market.  Key findings on: Total compensation by asset size Nonqualified benefit plans Bonus targets and metrics Prerequisites Demographics Board expenses Watch On-Demand Web NAFCU digital@nafcu.org America/New_York public

Gallagher Executive Compensation and Benefits Survey

preferred partner
Gallagher
Webinar
Add to Calendar 2024-06-21 09:00:00 2024-06-21 09:00:00 The Evolving Role of the CISO in Credit Unions Listen On: Key Takeaways: [01:30] Being able to properly implement risk management decisions, especially in the cyber age we live in, is incredibly important so CISOs have a lot of challenges here. [02:27] Having a leader who can really communicate cyber risks and understand how ready that institution is to deal with cyber events is incredibly important. [05:36] We need to be talking about risk openly. We need to be documenting and really understanding what remediating risk looks like and how you do that strategically.   [16:38] Governance, risk, compliance, and adherence to regulatory controls are all being looked at much more closely. You are also seeing other technology that is coming into the fold directly responsible for helping CISOs navigate those waters.  [18:28] The reaction from the governing bodies is directly related to the needs of the position. They’re trying to help make sure that we are positioned in a way that gets us the most possibility of success, maturing our postures and protecting the institutions. Web NAFCU digital@nafcu.org America/New_York public

The Evolving Role of the CISO in Credit Unions

Cybersecurity

preferred partner
DefenseStorm
Podcast

AI in Action: Redefining Disaster Preparedness and Financial Security

Strategy

preferred partner
Allied Solutions
Blog Post