FASB's New Lease Accounting Standard

Course Details

Date

Friday, June 26, 2020

9:00am – 11:00am

Field of Study

Accounting

Course Number

CC2691

CPE Credit

2.0 hours CPE credit

Level of Knowledge

Basic

Vendor

CPA Crossings

Prerequisites

None

Description

It's a whole new world for lessees under ASC topic 842. Soon nearly ALL leases will need to be disclosed as a liability on the balance sheet - from buildings right down to autos and copiers.

Although the greatest impact will be on large entities, this will affect the financial statements of small and mid-size entities as well. This program will dive into the new standard on leases and address what you need to know now.

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Highlights

  • What is a "lease"?
  • Recognition and measurement of lease assets and liabilities.
  • Impact on lessors and lessees.
  • Disclosures and transition rules.
  • Effective dates.

Objectives

  • Apply the new financial accounting concepts of leases.
  • Gain a working knowledge of accounting rules as they apply to leases.

Designed For

Practitioners and members in industry seeking a better understanding to the new lease accounting rules effective for private companies in 2020.

Course Pricing

Member Fee

Applicable if you are a HSCPA member in good standing.

$79.00
Non-Member Fee

Applicable if you are not a HSCPA member.

$109.00
Your Price $109.00

CPE Choice

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

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