Category Archives: FASB

Is EBITDA a Non- IFRS number?

Surprise, surprise! EBITDA does not have to be a ‘non-IFRS’ number This is one of the most surprising takeaways we hear from investors when they read The Essentials— Presentation of Financial Statements, our investor publication that covers key elements of IAS 1 Presentation of Financial Statements, and explains how investors can make the most of the information presented.

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On Demand Webinar : FASB Accounting Standards Update on Leases

IN FOCUS: FASB Accounting Standards Update on Leases
Program Description—The Financial Accounting Standards Board (FASB) is pleased to announce its webcast providing an overview of the recently-issued Accounting Standards Update (ASU) on lease accounting. The webcast will cover the following topics:

  1. The purpose and scope of the ASU
  2. Lessee and lessor accounting models
  3. Measurement considerations
  4. Lessee and lessor disclosures
  5. Transition and effective date
  6. Audience question-and-answer session.

    Speakers: Marc A. Siegel, FASB member; Daryl E. Buck, FASB member; Matthew Esposito, Assistant Director

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

    1. Obtain a general understanding of the history of the leases project and why it was added to the FASB’s technical agenda
    2. Have a broad understanding of the lessee and lessor accounting model, measurement guidance, and disclosures in the ASU
    3. Have a broad understanding of the transition and effective date of the ASU.

Webinar : FASB ACCOUNTING STANDARDS UPDATE ON CREDIT LOSSES, July 21, 1PM Eastern time

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.