Leases: Lessee (Topic 842-20)

Course Details

Date

Tuesday, March 19, 2019

8:00am – 10:00am
(Registration: 7:30am)

Field of Study

Accounting

Course Number

4183308C

CPE Credit

2.0 hours CPE credit

Level of Knowledge

Overview

Vendor

CalCPA Education Foundation

Prerequisites

Leases: Is it a Lease? (Topic 842-10)

Description

This course, second of a three-part series, addresses the leases from the perspective of a lessee and concentrates on the new Topic 842, Leases.

Leasing is a popular form of capital investment for corporations, including everything from office space to equipment. The FASB has now released the Topic 842, Leases, 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.

Materials are provided as an ebook for this course.

Highlights

  • FASB ASC 842, Leases
  • All recently released updates to ASC 842, Leases

Objectives

  • Identify short-term leases.
  • Calculate initial measurement of ROU asset and lease liability.
  • Calculate the subsequent measurement of both finance and operating leases.
  • Describe the presentation of the leases in the financial statements.

Designed For

CPAs, auditors, consultants, and financial and management professionals.

Registration for this course has passed.

Course Pricing

Member Fee

Applicable if you are a HSCPA member in good standing.

$60.00
Non-Member Fee

Applicable if you are not a HSCPA member.

$94.00
Your Price $94.00

CPE Choice

Learn more about CPE Choice.
This course does not qualify for CPE Choice.

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