November 14, 2024


Live Webcast


4 CPE

Four For Fall Seminar Series: The Bottom Line on the New Lease Accounting Requirements

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    Instructor

    Bruce
    Shepard

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Learning Objectives

This course is intended to familiarize the learner with the key aspects of the leases standard, FASB ASC 842. When you complete this course, you will be able to: • Recognize arrangements which meet the scope requirements for lease accounting under FASB ASC 842.
• Recognize lessee accounting requirements for operating leases and finance leases under FASB ASC 842.
• Recognize lessor accounting requirements for sales-type, direct financing, and operating leases under FASB ASC 842.
• Recognize presentation requirements for lessees and lessors under FASB ASC 842.
• Recognize business factors to consider when implementing FASB ASC 842.

Major Topics

• Lease classification
• Amortization of the lease asset
• Derecognition of the underlying asset
• Recognition of lease receivables

Sponsors

CPE Credits Available

4 CPE
4
Accounting

Things to Know About This Course

Course Level

  • Intermediate

Professional Area of Focus

  • Accounting and Auditing; Accounting & Auditing

Prerequisites

Experience in application of accounting standards

Advanced Preparation

None

Intended Audience

Accountants in practice and industry

Provider

AICPA

This event has ended.