Surgent's What in the FASB Were They Thinking! Not-for-Profits and Leases - On-Demand Webcast

Course Details

Date

Thursday, June 1, 2023 – Tuesday, April 30, 2024

Field of Study

Accounting (Governmental)

Course Number

SU0264

CPE Credit

1 hour CPE credit

Level of Knowledge

Intermediate

Vendor

Surgent McCoy CPE, LLC

Prerequisites

Some introductory background in not-for-profit accounting

Description

Not-for-profits enter into leases for many types of assets. This course is designed to help you understand the core components of not-for-profit lessee accounting under FASB ASC 842, Leases. You will learn the important definitions involved, the key decision points involved in applying the standard, and how to think through those decision points.

Highlights

  • Evaluating whether a contract meets the definition of a lease
  • Properly calculating the lease term
  • Determinations and decisions to be made with regard to short-term leases
  • Distinguishing operating leases from finance leases

Objectives

  • Skillfully prepare for the implementation of FASB ASC 842
  • Become comfortable with the application of FASB ASC 842 in the not-for-profit environment

Designed For

Not-for-profit industry professionals and auditors

Registration for this course has passed.

Course Pricing

Member Fee

Applicable if you are a HSCPA member in good standing.

$49.00
Non-Member Fee

Applicable if you are not a HSCPA member.

$99.00
Your Price $99.00

CPE Choice

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

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