WR075923: Reference Rate Reform
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.

Event Level: Update
Required Knowledge: Prior experience with GAAP
Advanced Preparation: None
Who Should Attend: Ideal for accountants in public practice and industry
Vendor: Galasso Learning Solutions, LLC
Speaker: Melisa Galasso

Objectives
  • * Recall the optional expedients for entities as a result of reference rate reform
Event Information
Date Presented:
December 20, 2023 10:00 AM Eastern
Length:
54 minutes
Member Price:
$45.00
Non-Member:
$60.00
Reference Rate Reform
Individual topic purchase: Selected
North Carolina Association of Certified Public Accountants
Accounting: 1.00