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2024 Reference Rate Reform

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Webcast

1.00 Credits

Member Price $39.00

Non-Member Price $89.00

Overview

At its height, LIBOR was the benchmark for over US $350 trillion in financial contracts worldwide. Yet, due to concerns over the manipulation of the rate, standard setters determined that LIBOR should be discontinued. The global response to reference rate reform required financial reporting standard setters to provide practical expedients and exceptions to current modification guidance. This course will provide an overview of the standards issued (including amendments) from both the FASB and GASB to address the transition away from LIBOR.



  • Course Instructor: Melisa Galasso
  • Highlights

    • Reference Rate Reform
    • LIBOR
    • SOFR

    Prerequisites

    Prior experience with GAAP

    Designed For

    Accounting professionals

    Objectives

    • Recall the optional expedients for entities as a result of reference rate reform

    Preparation

    None

    Notice

    This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by ACPEN. Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.

    Non-Member Price $89.00

    Member Price $39.00