It's a whole new world for lessees under ASC topic 842. This program will dive into the new standard on leases and its impact on every size entity, review effective dates, and address what you need to know now.
DESIGNED FOR
Practitioners and members in industry seeking a better understanding of the new lease accounting rules effective for private companies.
BENEFITS
After attending this presentation you will be able to:
- Apply the new financial accounting concepts of leases
- Gain a working knowledge of accounting rules as they apply to leases
HIGHLIGHTS
The major topics covered in this class include:
- What is a lease?
- Recognition and measurement of lease assets and liabilities Impact on lessors and lessees
- Disclosures and transition rules
- Effective dates
COURSE LEVEL
Basic
PREREQUISITES
None
ADVANCE PREPARATION
None