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Whether your company is public or private, the new current expected credit loss model (CECL) remains an important issue. The adoption date is near for most calendar year end public companies, and the focus is now on late-stage implementation. In this video, we offer implementation insights and we discuss what companies should focus on now as they fine tune their systems and processes prior to adoption.
Virtually all companies will have a debt transaction in their lifecycle. When that occurs, the question arises “what to do with the costs?”. The answer can vary depending on the terms of the deal. Hear PwC’s Suzanne Stephani discuss the key steps in the debt restructuring model, the accounting outcomes for modification versus extinguishment, and common pitfalls to avoid.
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