Leases: Lessee (Topic 842-20)

Course Details


Tuesday, December 3, 2019

9:00am – 11:00am
(Registration: 8:30am)

Field of Study


Course Number


CPE Credit

2.0 hours CPE credit

Level of Knowledge



CalCPA Education Foundation


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


This course, second in a three-part series, addresses leases from the perspective of a lessee and concentrates on Topic 842-20, Leases: Lessee.

Leasing is a popular form of capital investment for corporations, including everything from office space to equipment. ASC Topic 842-20, Leases: Lessee., is 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.


  • FASB ASC 842-20, Leases: Lessee.
  • All recently released updates to ASC 842-20, Leases: Lessee.


  • 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.

Non-Member Fee

Applicable if you are not a HSCPA member.

Your Price $94.00

CPE Choice

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

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