In this session, CBIZ will share the good news in the ASU 2025-05 update to the current expected credit loss (CECL) methodology.
We will revisit the impact of CECL on the financial statements and explain the practical expedient and accounting policy election opportunities included in ASU 2025-05 Financial Instruments-Credit Losses (Topic 326), Measurement of Credit Losses for Accounts Receivable and Contract Assets.
Moderator
Roger Bulosan, CPA, CFE, Managing Director, Shareholder, CBIZ CPAs P.C.
Presenter
Rosangela Nicholson, CPA, CFE, Director, Shareholder, CBIZ CPAs P.C.