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2024 Reference Rate Reform

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.

Prerequisites

Prior experience with GAAP

Objectives

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

Highlights

  • Reference Rate Reform
  • LIBOR
  • SOFR
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Materials are generally available 3 days in advance of an event. Once you have downloaded the manual, we are unable to cancel your registration.

Event Code:

5853938

1 CPE Credits
Accounting: 1 Credits

Registration

Member Price:
$39
Non-member Price:
$59

Registration is open through 02/19.

Wednesday, February 19th

12:00pm to 12:56pm

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Instructor

Melisa Galasso