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21WA-0118: Topic 842: Implementing Leases Workshop (Webinar)

If you have questions about this event, please call us at 952-831-2707.

Saturday, May 22, 2021
1:00pm - 4:50pm Central Time
4 CPE (4 technical)

This course offers an in-depth look at the new leases standard (ASC 842), which requires organizations to recognize lease assets and liabilities on the balance sheet. This comprehensive course will cover recognition, measurement, presentation and disclosure requirements as well as focus the proper identification of a lease using a principles-based approach. We will discuss implementation requirements from both the lessee and lessor accounting models. In addition, we explore a variety of scenarios including short-term leases, purchase options, variable lease payments, and remeasurement. This case-based course is up-to-date, exploring recently issued amendments to the lease accounting guidance and offering practical journal entry examples and lessons learned from implementation.

Major subjects

  • Accounting
  • New leases standard (ASC 842)

Learning objective(s)

  • Define a lease uner the new leases standard
  • Apply recognistionand measurement requirements of the new leases standard
  • Describe the presentation and disclosure reuirements of the new leases standard
  • Prepare journal entries necessary to account for leases as both a lessee and a lessor

Who should take this program?

Professionals in the accounting industry.

Fees

Our records indicate you are a nonmember. If you register, you will be charged $129.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.
Standard Member Fee $129.00
checkmark Standard Nonmember Fee $129.00

More program information

Instructor Melisa Galasso, CPA, CGMA, CSP, CPTD
Location Online
Area
of study
Accounting & audit
Field(s)
of study
Accounting - Technical (4.0)
Level Intermediate
Format Group Internet Based
Sponsor Business Professionals' Network, Inc.
NASBA ID#: 107810
Prerequisites Prereq. Prior Experience with Topic 842    
Advance
prep
None
Cancellation
policy
Receive a full refund if you cancel at least four business days before the event start date. Learn more

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If you have questions about this event, please call us at 952-831-2707.