20NLS4: Examining the New Lease Accounting Standard: More Than Meets the Eye

Code: 20NLS4

Date Monday, April 20, 2020
Time 8:30 AM - 12:00PM
Central Time
Location Minnesota Society of CPAs
1650 W 82nd St Ste 600
Bloomington, MN 55431-1458
Map & directions
 
CPE credits CPE 4.0
Field(s)
of study
Accounting - Technical (4.0)
Instructor Joann Cross, PhD, CPA, CMA
University of Wisconsin - Oshkosh
Fees
Standard member fee $225.00
checkmarkStandard nonmember fee $275.00
Early member fee $200.00
checkmarkEarly nonmember fee $250.00

Members: Please log in to receive member fee.

Description

Early bird offer: Save $25 when you register by March 30!

The good news: The lease accounting implementation deadline was delayed for private companies, so you've got a little more time to get it right! The bad news? It's still just as complicated and time-consuming as before, which means you really can't wait any longer to prepare for these changes. The new lease accounting standard (Topic 842) will have a major impact on your balance sheet -- and potentially on your business, too. Attend this course to gain insights about the new standard and make it a smooth transition.

Who should take this program?

CPAs, accountants and financial professionals in industry and public practice

Major subjects

  • ASU No. 2016-02, Leases (Topic 842)
  • Lease accounting guidance
  • Lessor accounting 101
  • Lessee accounting 101
  • Detailed review of accounting by lessees and lessors
  • Sale and leaseback transactions
  • Transition guidance
  • Other operational issues
  • Recently issued updates to the lease accounting guidance
  • Feedback from the public company adoption of Topic 842

Learning objective(s)

  • Understand and apply the FASB's new lease accounting standard
  • Recall operational issues in adopting the new lease accounting standard

Notes:

Course code Code 20NLS4
Sponsor MNCPA
NASBA ID#: 139884
Level Basic
Format Group Live
Prerequisites Prereq. Experience in financial accounting and reporting recommended.
Advance
prep
None