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New Credit Loss Allowance Rules Overview

Accounting

New Credit Loss Allowance Rules Overview

Course 21601A · 2 hrs · CPA

Get up to speed on the latest credit loss standards, including ASU 2016-13 and the recently issued ASU 2025-05 and ASU 2025-08. This introductory course walks through the background of financial instrument projects, the expected credit loss model under ASC 326-20, and key amendments affecting accounts receivable, contract assets, and purchased loans. Whether you work in financial reporting or advise clients on accounting standards, this course gives you a solid foundation for understanding how the new rules work and what has changed.

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  • Hours: 2
  • Exam questions: 10
  • Eligible for: CPA
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NASBA Area: Accounting

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New Credit Loss Allowance Rules Overview
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