21SI-0043: Leases: Mastering the New FASB Requirements (Self-Study)
Valid for one year from purchase date
Self-study - On-Demand
9 CPE (9 technical)
If the organization paying
for the purchase is exempt from sales tax, call us at 952-831-2707 to complete your purchase.
Add to cart
FASB ASC 842 requires organizations to recognize lease assets and liabilities on the balance sheet and to disclose key information about lease arrangements. This self-study course provides an in-depth look at the new leases standard, FASB ASC 842, covering identification, recognition, measurement, and presentation and disclosure requirements.
Both the lessee and lessor accounting models, as well as short-term leases, purchase options, variable lease payments, and sale and leaseback transactions are addressed. Also included is a chapter that examines the differences between FASB ASU No. 2016-02 and IFRS 16. This course features examples that include journal entries and lease amortization schedules to illustrate a lessee's accounting for finance and operating leases, as well as lease modifications.
Product Format: Slides, No Audio
Major subjects
-
Lease classification
-
Amortization of the lease asset
-
Derecognition of the underlying asset
-
Recognition of lease receivables
Learning objective(s)
-
Identify a lease under the new leases standard.
-
Identify recognition and measurement requirements of the new leases standard.
-
Identify presentation and disclosure requirements of the new leases standard.
-
Prepare journal entries
Who should take this program?
Accountants in practice and industry
Fees
Our records indicate
you are a
nonmember.
If you register, you will be charged
$200.00
(Standard Nonmember Fee).
Members: Please
log in
to receive member fee.
Standard Member Fee |
$159.00
|
Standard Nonmember Fee |
$200.00
|