Before taking this course, the intricate changes brought about by ASU 2016-13, particularly the shift to the CECL model, might seem overwhelming to many accounting professionals. The challenge of transitioning from traditional GAAP to CECL, and understanding its implications beyond financial institutions, can create uncertainty and hesitation in its practical application. After completing Jeff Sailor's course, participants will experience a significant shift in their understanding and application of the CECL model. The course bridges the gap between complex accounting changes and practical, real-world application. Participants will learn not only to define and explain the differences between CECL and current GAAP but also to apply CECL methods effectively to loans and trade receivables. Additionally, the course offers insights into effective collaboration between accounting and finance departments, a critical component in implementing these changes. With this newfound knowledge and understanding, participants will be well-equipped to apply CECL confidently and effectively in their professional roles.