Accounting for Troubled Debt Restructuring (TDR) is changing under CECL, as well as the disclosures required. By taking this course you will learn about the ways that TDRs are changing and the impacts the new processes will have on you and your institution.

Course Objectives
After completing this self-study course, you will be able to:

1. Develop an understanding of the changes that come with Troubled Debt Restructuring (TDR) being replaced by Modified Loans.

2. Identify the key modifications listed within new disclosure requirements

3. Utilize the criteria for determining whether or not a loan should be considered a modified loan

4. Apply relevant accounting principles to identify modified loans in a given scenario

5. Develop the ability to differentiate between new and modified loans, and identify the key differences in terms of their accounting treatment

6. Acquire knowledge of the new disclosure requirements related to modified loans, and develop the ability to apply these requirements to ensure compliance