This One-Hour Briefing will help you build an understanding of the underlying principles, processes and implementation challenges in the FASB’s new financial instrument impairment standard. The standard’s current expected credit loss (or CECL) model requires complex new judgments and estimates. This new approach applies to all financial instruments, including accounts receivable, loans receivable and investments. Significant process changes will be required in many businesses, particularly financial institutions. Please join George M. Wilson, director at PLI’s SEC Institute Division, and Louis…