Leases: Is It A Lease? (Topic 842-10) (Webinar)

Code: WCLESO03

Date Tuesday, March 10, 2020
Time 1:00 PM - 3:00 PM
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 $60.00
checkmarkStandard nonmember fee $94.00

Members: Please log in to receive member fee.

Description

This course, first in a three-part series, concentrates on the new Topic 842-10, Leases: Overview. Leasing is a popular form of capital investment for corporations, including office space to equipment. ASC Topic 842-10, Leases: Overview, a major rewrite of the leasing topic.
The effective date for nonpublic entities is annual reporting periods beginning after December 15, 2019. However, early application is permitted. Help your clients and companies be prepared for adoption before it becomes a last-minute effort.

Who should take this program?

CPAs, auditors, consultants, and financial and management professionals

Major subjects

  • FASB ASC 842-10, Leases: Overview
  • All recently released updates to ASC 842-10,Leases: Overview

Learning objective(s)

  • Identify a lease
  • Classify the lease from both the lessee and the lessor perspective
  • Determine the lease term and commencement date
  • Calculate initial direct costs

Notes:

Course code Code WCLESO03
Sponsor CalCPA Education Foundation
NASBA ID#: 104822
Level Overview
Format Group Internet Based
Prerequisites Prereq. None
Advance
prep
None