Leases: Lessee (Topic 842-20) Webcast | 4203308A
This course, second of a three-part series, concentrates on Topic 842, Leases. Leasing is popular among corporations, for needs including office space and equipment. Addresses leasing from the perspective of a Lessee.
ASC 842, Leases, is now effective for most publicly traded entities. Private companies and nonprofit entities should also prepare, as the effective date for nonpublic entities is annual reporting periods beginning after December 15, 2020. Early application is also permitted. Prepare your clients and companies for adoption.
FASB ASC 842, Leases
All recently released updates to ASC 842, Leases
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.
CPAs, auditors, consultants, and financial and management professionals.
Applicable if you are a HSCPA member in good standing.
Applicable if you are not a HSCPA member.