Leases: Lessor & Effective Date and Transition (Topic 842-30) Webcast | 4203309A

Course Details

Date

Tuesday, August 18, 2020

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

Field of Study

Accounting

Course Number

4203309A

CPE Credit

2.0 hours CPE credit

Level of Knowledge

Overview

Vendor

CalCPA Education Foundation

Prerequisites

Leases: Is It a Lease? and Leases: Lessee

Description




The last of a three-course series, focused on ASC 842, Leases.Leasing is popular among corporations, for needs including office space and equipment.Addresses leasing from the perspective of a lessor, and the effective date and transition for both the lessor and lessee. Public company disclosures will also be reviewed. Attendees should be familiar with content from the first course, Leases:Is It a Lease?and the second course, Leases:Lessees.

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.


Highlights





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




Objectives





Recognize the lease at commencement under sales-type, direct financing, and operating leases, from the perspective of a lessor.
Calculate the subsequent measurement under sales-type, direct financing, and operating leases, from the perspective of a lessor.
Describe the presentation of the leases in the financial statements.
Identify the effective date for public and nonpublic entities.
Describe the transition requirements for both lessees and lessors.
Review a selection of public companies' lease disclosures.





Designed For




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



Course Pricing

Member Fee

Applicable if you are a HSCPA member in good standing.

$75.00
Non-Member Fee

Applicable if you are not a HSCPA member.

$101.00
Your Price $101.00

CPE Choice

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

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