Understanding and Addressing the LIBOR to SOFR Transition (1 hour)

Previous Add to Calendar Next

Jul 22, 2021

Registration: 12:30 PM / Program: 1:00 PM - 2:17 PM Pacific Time

Fees

Member Fee: $39.00
Nonmember Fee: $59.00

Available Discounts

AICPA Member: None
Full time Accounting Educator: None

Description

There is substantial risk to loans, mortgages, securities, derivatives and other financial instruments as LIBOR is expected to be discontinued or modified by June 30, 2023 for legacy contracts, while any new contracts written past December 31, 2021 should consider some sort of provision in the contracts for LIBOR’s discontinuation.   As this deadline is fast approaching, regulatory and operational concerns are constantly being assessed and updated.  Join professionals from BDO’s Valuation & Business Analytics practice to provide a more in-depth analysis of key topics and emerging issues to date.

Designed For

CPAs, auditors, CFOs, finance directors, lenders and anyone task with financing in their job

Objectives

  • Understanding and Addressing the LIBOR to SOFR Transition

Major Subjects

  • Identify the events and rationale that have led to the present-day efforts to eliminate LIBOR
  • Recognize the more relevant exposures that require analysis and remediation during an IBOR transition project
  • Common risk management exposures encountered and hurdles to financial instrument modifications
  • FASB accounting standards and regulatory compliance update