Registration: To register for this event, please use this link.

Date: Thursday, July 21, 2016, Time: 1:00–2:00 p.m. Eastern Daylight Time

The Financial Accounting Standards Board (FASB) is pleased to announce its webcast providing an overview of the recently issued Accounting Standards Update (ASU) on credit losses. The webcast will cover the following topics:

  1. The purpose and scope of the ASU
  2. Key changes to the accounting for credit losses on loans and debt securities
  3. Disclosures
  4. Transition and effective date
  5. Audience question-and-answer session.

Speakers: Hal Schroeder, FASB Member; Marc Siegel, FASB Member; Jack Pohlman, FASB Practice Fellow.

Learning Objectives: At the end of this program, participants will be able to:

  1. Understand the key elements of the ASU on credit losses
  2. Broadly understand the Current Expected Credit Losses (CECL) methodology and other changes to the accounting for purchased credit deteriorated assets and available-for-sale debt securities, and
  3. Broadly understand the disclosure requirements, transition requirements and effective date of the ASU.

Participants will have the opportunity to email questions to the panelists during the event.

Registration: To register for this event, please use this link.


The Association of International Wealth Management of India (AIWMI) is a not-for-profit organization and a globally recognized membership association for finance professionals. AIWMI primarily focuses on the broad and strategic role of developing a more robust and forward-looking training infrastructure for the financial services sector and to promote more active industry involvement and collaboration in training and continuing education. AIWMI is offering advanced international certification programs along with a wide variety of high-quality executive education programs. AIWMI programs combine state-of-the-art knowledge and skills with practical experience and insights into the functioning of the financial sector. All AIWMI courses and educational events have an intense and pragmatic curriculum. Participants are exposed to the latest developments within the financial services sector. AIWMI plays a key role in guiding the development of the financial services sector. AIWMI works with key industry participants’ viz. the Government, the Regulators, the Industries/Associations, the Corporate, the Media and the General Public to achieve its objectives. Besides enhancing technical competence and professionalism in the industry, AIWMI organizes events and facilitates discussions to promote best practices in leadership and talent development in the financial sector with an aim to become Asia’s premier center of excellence for financial education.

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