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Nonprofits Guide to the Current Expected Credit Loss (CECL) Model

The new current expected credit loss, or CECL, standard affects how not-for-profit organizations evaluate financial assets such as loans, trade receivables, and investments. We discuss the new standard and how it applies to not-for-profit organizations, including considerations of methodologies for calculating the allowance, scope for not-for-profit organizations, required disclosures in the footnotes to financial statements, and the timeline for implementation. Learning Objectives: - Understanding the new credit loss standard and how it will affect not-for-profit organizations - Calculating the CECL allowance - Implementation of the credit loss standard including disclosures in the footnotes to the financial statements Questions? Contact Us: https://www.cbh.com/contact/connect-m... Learn more about Cherry Bekaert's Not-for-Profit Industry Services: https://www.cbh.com/industries/not-fo... Follow us to hear about more upcoming events: Facebook:   / cherrybekaertcb   LinkedIn:   / cherrybekaert   Twitter:   / cherrybekaert   Instagram:   / cherrybekaert   #Nonprofits #CECL #CurrentExpectedCreditLoss