Description
Do you know which leases are within the scope of FASB ASC 842, Leases and how to apply the new financial accounting, financial reporting and disclosure requirements of this new major standard?
This webcast addresses those questions by examining the core principles of the standard, including identification, recognition, measurement, presentation and disclosure requirements. Examples with journal entries are included to illustrate how to apply the standard.
Additionally, you will learn:
Highlights
- Sale and leaseback transactions
- Presentation, disclosure and transition requirements
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 accounting requirements for lease modifications under FASB ASC 842
- Recognize accounting requirements for sale and leaseback transactions 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
Designed For
Accountants and finance professionals
Registration for this course has passed.
Course Pricing
WYOCPA Member Fee
$332.00
Non-Member Fee
$403.00
Your Price
$403.00
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