Live CPE Webinar
Lease Accounting under Topic 842 – Answers to FAQ’s
- CPE Credits
- 2
- Price
- $89.00
- Field of Study
- Accounting & Auditing
- Format
- Online
Lease accounting under FASB ASC 842 is now fully effective for all entities. Transitioning to new GAAP always leads to implementation issues and concerns. This course will answer the most common questions asked related to the latest lease accounting and financial reporting requirements.
Major Topics:
- Alternatives to adopting Topic 842
- Short-term lease and related-party leasing arrangements
- Identifying lease agreements under the new rules
- Determining finance vs. operating lease classification
- Practical expedients available to qualifying entities
- Proper treatment of lease incentives, leasehold improvements, and lease modifications
Learning Objectives:
Upon completion of this course participants will be able to:
- List significant requirements of Topic 842 lease accounting and reporting
- Recall answers to FAQ related to lease accounting and reporting
Designed For
Public and industry accountants who need to evaluate the proper accounting and financial reporting treatment of leases
Prerequisites
None