Webcast: Financial Instruments: Mastering the New FASB Requirements (WBFIIN316)
Tell a Friend About This EventTell a Friend

When: 12/23/2016
8:00 AM until 4:00 PM
Where: Webcast
United States
Presenter: TBD

Online registration is closed.
« Go to Upcoming Event List  

Acronym WBFIIN316
CPE 8 hours
Vendor AICPA
Accounting & Auditing
Level Intermediate
Yellow Book No
Prerequisite Experience in the application of accounting standards
Who should attend Accountants in public practice and industry who need an update on the latest financial instruments guidance
Members $249
CPA Non-Members $319

The Member rate applies to LCPA members, reciprocal state society members, and non-CPA staff of LCPA members. To register online, use the ‘Register’ button above. To register by phone, call the LCPA Member Service Center at 800.288.5272 or 504.464.1040, Monday through Friday, 8am to 5pm.


How does the guidance in the new financial instruments standards differ from current GAAP? This course addresses that question by examining the core principles of the new standards. The FASB’s financial instruments projects reconsider classification and measurement of financial instruments, as well as issues related to impairment of financial instruments. This course will teach accountants in public practice and industry the background, purpose, and main provisions of the new financial instruments standards. Specifically, the course will address transition guidance, disclosure requirements, and implementation guidance.


When you complete this course you will be able to:

  • Identify changes to FASB ASC 825, Financial Instruments, as a result of the new financial instrument standards on classification and measurement and impairment.
  • Recall key points related to the simplification of accounting requirements
  • Recall significant points related to the single credit loss model for financial assets for the recognition of losses
  • Identify related disclosure requirements


  • Transition and implementation guidance
  • Classification of Financial Instruments
  • Measurement of financial instruments
  • Impairment of financial assets