The Financial Accounting Standard Board (FASB) has been busy at work issuing a variety of new standards. If you have investments, especially equity investments that have been accounted for through Other Comprehensive Income (OCI), you're about to see a big change as a result of Accounting Standards Update (ASU) 2016-01, Financial Instruments Recognition and Measurement, ASU 2018-03, Improvements to Financial Instruments and ASU 2018-13, Changes to the Disclosure Requirements for Fair Value Measurement.
Join our panel as we walk through a case study and discuss the impact of obtaining a permitted practice to not adopt these new standards. Additionally we will provide an update on ASU 2016-13, Financial Instruments - Credit Losses and ASU 2016-02, Leases.
This webinar offers a great opportunity to keep up with the latest developments facilitating future informed decisions for your captive.