Podcast overview
In this 24-minute podcast, specialists from our Department of Professional Practice discuss the challenges posed by COVID-19 and the current economic environment on forecasting credit losses under ASC 326.
Applicability
- All entities that apply the new credit impairment standard (ASC 326)
Relevant dates
- Effective immediately
Podcast contents
- 01:20 – Forecasting challenges
- 07:20 – Loan modifications
- 10:20 – Troubled debt restructurings
- 13:05 – Other modification issues
- 16:50 – Disclosure reminders
- 21:30 – Year-end suggestions
