The Bottom Line on the New Lease Accounting Requirements
Thursday, December 12, 2024
Webcast or Webinar, Online
9:00 AM - 1:00 PM (opens at 8:30 AM) EST
4Credits
Accounting and Auditing
Registration is Open
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$213.00 Regular Price
Non-Members
$261.00 Regular Price
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Course Type: Webcast
Course Code: 24/AI514329
Level: Intermediate
Vendor: AICPA CPE Division
Field of Study: Accounting
Overview:
FASB ASC 842, *Leases* explainedUnderstanding lease fundamentals is essential to applying FASB lease requirements appropriately. As such, you'll delve into key concepts that define what a lease is, as well as basic lease accounting topics, such as:
Lease presentation and disclosure requirements
Comprehensive examples and case studies will guide you through approaches to help you adopt accounting guidance for FASB ASU 2023-01. You'll also review the presentation and disclosure requirements, and other topics, including:
Objectives:
- Recognize arrangements which meet the scope requirements for lease accounting under FASB ASC 842.
- Recognize accounting requirements for lease modifications under FASB ASC 842.
- Recognition presentation requirements for lessees and lessors under FASB ASC 842.
- Identify the recognition criteria for sales-type, direct financing, and operating leases.