FASB ASC 842, Leases: A Deep Dive into Implementation Issues

Tuesday, April 23, 2024
Webcast or Webinar, Online
10:30AM - 12:30PM (opens at 10:00AM) EST
2Credits
Accounting and Auditing

Registration is Closed

Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.

Members
$89.00 Regular Price
Non-Members
$119.00 Regular Price
Course Type: Webcast
Course Code: 24/CX39338
Level: Basic
Vendor: CPA Crossings, LLC
Field of Study: Accounting

Overview:

Explore the practical implementation challenges and complexities within FASB's Accounting Standard Update for Leases (ASC Topic 842), including key differences between ASC Topic 842 and ASC Topic 840, practical expedients, remeasurement triggering events, transition entries, and options. This session will go beyond the basics and include 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.
  • Apply the FASB lease standard implementation challenges.

Major Topics:

The major topics that will be covered in this class include:

  • 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.

Major Topics:

The major topics that will be covered in this class include:

  • 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.

Designed For:

Members in Public and Members in Business

Prerequisites:

None