ASC 842, Leases: Implementation Issues and Lessons Learned
Wednesday, January 08, 2025
Webcast or Webinar, Online
12:00PM - 2:00 PM (opens at 11:30AM) EST
2Credits
Accounting and Auditing
Registration is Open
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$89.00 Regular Price
Non-Members
$119.00 Regular Price
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Course Type: Webcast
Course Code: 24/CX48032
Level: Basic
Vendor: CPA Crossings, LLC
Field of Study: Accounting
Overview:
Recall lessons learned and practical implementation challenges and complexities with the FASB's Accounting Standard Update for Leases (ASC Topic 842). Identify key differences between ASC Topic 842 and ASC Topic 840, Practical Expedients, remeasurement-triggering events. Session will go beyond the basics and will apply to specific examples. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.Objectives:
After attending this presentation you will be able to...
- Identify the complexities of the new FASB lease standard and its implementation challenges.
Major Topics:
The major topics that will be covered in this class include:
- FASB's Accounting Standard Update for Leases (ASC Topic 842)
- Key differences between ASC Topic 842 and ASC Topic 840
- Implementation options, entries, practical expedients, and remeasurement-triggering events
- FASB ASU 2023 - 01 - Leases (Topic 842): Common Control Arrangements
Major Topics:
The major topics that will be covered in this class include:
- FASB's Accounting Standard Update for Leases (ASC Topic 842)
- Key differences between ASC Topic 842 and ASC Topic 840
- Implementation options, entries, practical expedients, and remeasurement-triggering events
- FASB ASU 2023 - 01 - Leases (Topic 842): Common Control Arrangements