Catalog

AICPA Webcast
AICPA Webcast
Content Created:
Product ID:

Link:
Credits awarded per Session. See individual Sessions for further details.
Credits awarded
Type
Name
Sub type
Value

About this item

Addressing the basics of the new major standard

Which leases are within the scope of FASB ASC 842, Leases and what are the basic accounting, financial reporting and disclosure requirements? This webcast answers those questions and more. Case study exercises are included to illustrate how to apply the standard.

You will also learn about: 

  • The lessee accounting model, including lease classification
  • Amortization of the right-of-use asset
  • Interest on the lease liability
  • The lessor accounting model, including profit recognition and collectability

Learning Objectives:

  • 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

Who will benefit:

Accountants and finance professionals

THIS IS AN AICPA HOSTED WEBCAST. YOU WILL LAUNCH THE COURSE FROM YOUR OSCPA LEARNING PORTAL. AICPA WILL ISSUE AND MAINTAIN YOUR CREDITS. PLEASE MAKE SURE TO DOWNLOAD YOUR CPE CERTIFICATE FROM AICPA WEBCAST PORTAL AT THE CONCLUSION OF THE WEBCAST.  

Close
Shopping Cart
Total:  Close

Loading Shopping Cart Items...