22WC-1013: Leases: Miscellaneous Topics (Webinar)
If you have questions about this event, please call us at 952-831-2707.
Date
Tuesday, December 20, 2022
Time
1:00pm
-
3:00pm
Central Time
Location
Online
CPE credits
CPE
2.0
Field(s)
of study
Accounting - Technical (2.0)
Instructor
Bobbe Barnes, CPA, CMA, CGFM
CalCPA Education Foundation
Fees
|
Standard Member Fee |
$79.00
|
|
Standard Nonmember Fee |
$109.00
|
Description
The last of a three-course series focused on ASC 842, Leases. Leasing is popular among companies for needs, including office space and equipment. This course addresses leasing from a lessor's perspective and the effective date and transition for both the lessor and lessee. Excerpts from public company disclosures will also be reviewed. Attendees should be familiar with the content from the first course, Leases: Is It a Lease?, and the second course, Leases: Lessees. ASC 842 Leases is now effective for most publicly traded entities. Private companies and nonprofit entities should be prepared as the effective date for annual reporting periods beginning after December 15, 2021. Early application is also permitted. Prepare your clients and entities for adoption.
Who should take this program?
CPAs, auditors, consultants, and financial and management professionals.
Major subjects
-
FASB ASC 842
-
Leases and All recently released updates to ASC 842
-
Leases
Learning objective(s)
-
Recognize the lease at commencement under sales-type, direct financing, and operating leases, from the perspective of a lessor
-
Calculate the subsequent measurement under sales-type, direct financing, and operating leases, from the perspective of a lessor
-
Describe the presentation of the leases in the financial statements
-
Identify the effective date for public and nonpublic entities
-
Describe the transition requirements for both lessees and lessors
-
Review excerpts from a selection of public companies' lease disclosures
Course code
Code
22WC-1013
Sponsor
NASBA ID#: 104822
Level
Overview
Format
Group Internet Based
Prerequisites
Prereq.
Leases: Is It a Lease? and Leases: Lessee
Advance
prep
None
If you have questions about this event, please call us at 952-831-2707.
