Volunteer Corporate Credit Union
Nashville, Tennessee - Photo Courtesy of Barry Shulam
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September/October 2017 Issue: Front Page > Member Education

2017 Accounting Standards Update Training
Accounting As we mentioned in our last VolVoice, there is a new Current Expected Credit Loss (CECL) accounting standard that will affect credit unions. But did you know there are several other required changes coming up in the next few years that may affect your accounting processes, financial statements and disclosures? VolCorp is offering a FREE training session to help our members determine which standards will affect them and what to do now.

This course was designed with the purpose of introducing managers to the Financial Accounting Standard Board’s (FASB’s) upcoming changes related to Lease Accounting, Revenue Recognition, and an introduction to CECL. This session will help credit union management to begin preparations for these changes now, since it could take some time to not only compile the required information, but to also create or modify processes to simplify data collection and documentation, and to develop disclosures.

Who Should Attend: Senior Management, CPAs, Accounting Managers, Reporting Managers, Risk Managers, Auditors

Price: No Charge for VolCorp Members
Presenter: CRI CPA and partner, Bill Fitzgerald
Date: November 16, 2017

After completing this training, participants will be able to:
  • Identify the adoption date for each new standard;
  • Understand the key concepts with respect to the new accounting standards;
  • Determine which standards may impact their organization; and
  • Develop an action plan for addressing the relevant new accounting standards within their organization

Field: Accounting
Category: Overview
Prerequisites: None
Advanced Preparation: None
Group Live Class at:
Volunteer Corporate’s new training room
2460 Atrium Way, Nashville, TN 37214

To reserve your seat contact:
Justin Holt, Financial Reporting Manager
  615-232-7955 or (800) 470-3444 Ext 7955

Susan Stack, SVP/CFO
  615-232-7942 or (800) 470-3444 Ext 7942

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