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New Financial Accounting Standards Board (FASB) Rules

This webinar will provide an update on significant accounting and financial reporting matters for financial institutions. It will also address future matters with a particular focus on developments with the proposed expected loss model and other recent accounting developments, including the activities of FASB, EITF, and AICPA.


  • Become current with the FASB Financial Instruments Project, including expected losses
  • Learn the anticipated impact of the Revenue Recognition standard
  • Learn the impact of the recently released standards with an emphasis on Financial Instruments (ASU 2016-01) and Leases (ASU 2016-02).

Take-Away Toolkit

  • Checklist to document your ability to significantly reduce your fair value financial statement disclosure
  • Example disclosures related to ASU 2016-01 early adoption
  • Employee training log
  • Quiz you can administer to measure staff learning and a separate answer key

Who should attend?
This informative session is designed for staff with accounting and financial reporting responsibilities especially in these positions:

  • CFO
  • Accounting
  • Operations
  • Compliance
  • Internal Audit

Meet the presenter, Todd Sprang, CPA, CliftonLarsonAllen LLP
Todd Sprang is one of CliftonLarsonAllen’s leaders of services provided to financial institutions. He has more than eleven years of upper management and principal-level experience performing audit and consulting services for the financial services industry. Todd has extensive experience assisting with initial FDICIA and SOX compliance as well as satisfaction of the audit and compliance requirements of non-supervised and supervised mortgagees. Todd has also performed many non-audit engagements including providing merger and acquisition assistance, developing and performing risk assessments, and leading co-sourced and outsourced risk based internal audit engagements.

Todd holds a Bachelor’s in accounting and marketing from the University of Wisconsin-Madison. He is a member of the AICPA Depository Institutions Expert Panel and the Illinois Certified Public Accountants Society.

Registration Investment: $195 for League Members
You must be a member of your state league to attend this presentation.
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Webinar to participate in: eTrain: New Financial Accounting Standards Board (FASB) Rules
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