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24WA-3796: Topic 842: Implementing Leases Workshop (Webinar)

Wednesday, July 10, 2024
1:00pm - 5:00pm Central Time
4 CPE (4 technical)

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Alternate dates & more options

  • Friday, June 21, 2024 - Webinar
  • Saturday, June 29, 2024 - Webinar
  • Tuesday, July 30, 2024 - Webinar
  • Friday, August 16, 2024 - Webinar
  • Thursday, August 29, 2024 - Webinar
  • Tuesday, September 3, 2024 - Webinar
  • Saturday, September 21, 2024 - Webinar
  • Tuesday, October 1, 2024 - Webinar

This updated course offers an in-depth look at the FASB 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, while also focusing on a critical area of change which is 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 course offers practical journal entry examples, lessons learned from implementation, and explores recently issued amendments to the lease accounting guidance.

Major subjects

  • Leases
  • Topic 842
  • Recognition & Measurement

Learning objective(s)

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

Who should take this program?

Accounting professionals


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Standard Member Fee $129.00
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More program information

Instructor Melisa Galasso, CPA, CGMA, CSP, CPTD
Location Online
of study
Accounting & audit
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
Receive a full refund if you cancel at least four business days before the event start date. Learn more
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Related programs

Jun. 20, 2024 | Accounting for Leases | Webinar

Jun. 25, 2024 | Exploring the New Lease Accounting Standard | Webinar

Jun. 29, 2024 | Topic 842: Understanding the New Lease Accounting Standard | Webinar

Jul. 9, 2024 | Implementation Challenges with the New FASB Lease Standard | Webinar

Jul. 9, 2024 | Leases: Is it a Lease? ASC Topic 842-10 | Webinar

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