Lessee and Lessor Accounting

Course Details

Date

Friday, August 1, 2025

11:00am – 1:00pm (Registration: 2:05pm)

Location

Online

Field of Study

Accounting & Audit

CPE Credit

2 hours CPE credit

Level of Knowledge

Intermediate

Vendor

AICPA

Prerequisites

Experience in application of accounting standard

Description

What you need to know about the lessee and lessor accounting models This course explains the lessee accounting model, including

  • Lease and non-lease components
  • Lease classification
  • Amortization of the right-of-use asset
  • Interest on the lease liability

    This course also explains the lessor accounting model, including
  • Transfer of risk
  • Profit recognition
  • Collectibility

    Included in this course are detailed and illustrated examples with amortization tables and journal entries.

    Highlights

  • Lessee and lessor accounting models
  • Lease and non-lease components
  • Lease classifications
  • Initial and subsequent measurement of leases

    Objectives

    • 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.

    Designed For

  • Accountants and finance professionals

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    Course Pricing

    WYOCPA Member Fee
    $125.00

    Non-Member Fee
    $149.00

    Your Price
    $149.00

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