Collaboration remains one of today's hottest topics. Technology has fueled today's collaboration options, and work-from anywhere environments virtually demand collaboration platforms. In this session, you will learn today's best tools and practices to facilitate more effective collaboration in your organization. In this session, you will learn about today's mainstream collaboration platforms & Microsoft 365, Google Workspace, and Zoho - and how these options are similar and differ. You will also learn about other collaboration options, including Slack, Zoom, and Webex, and you can incorporate these tools into your collaboration environments. Further, you will learn about some of the best practices and procedures that must be in place to optimize your collaborative environments and experiences.
DESIGNED FOR
Accounting and financial professionals seeking to understand the CECL model and its application to credit loss accounting
BENEFITS
At the end of this course, you will be able to:
- Define the CECL model
- Identify differences between CECL and prior GAAP for credit losses
- Recognize methods used to apply CECL
- Identify how CECL applies to loans
- Identify how CECL applies to trade receivables
- Identify proper presentation requirements related to CECL
- Recognize the general nature of required disclosures
HIGHLIGHTS
- Overview of ASU 2016 13
- Introduction to the CECL model
- Differences between CECL and prior GAAP
- Methods for applying CECL
- Application of CECL to loans
- Application of CECL to trade receivables
- Presentation requirements
- Disclosure requirements
- Coordination between accounting and finance functions
PREREQUISITES
Basic Accounting
ADVANCE PREPARATION
None