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Monday, January 11, 2027 Live Webcast

Topic 842: FASB's Lease Accounting Standard Update (X4-8014431)

11:00 AM - 12:54 PM EST
webcast

Vendor Platform

2 CPE Credits in AA

OVERVIEW

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, effective dates, and address what you need to know now.

DESIGNED FOR

Anyone who performed nonaudit services

BENEFITS

  • Describe the nature of risks faced when performing nonaudit services for clients
  • Explain how to mitigate risks faced by all CPAs in performing nonaudit services
  • Apply best practices for maintaining quality control for nonaudit engagements

HIGHLIGHTS

  • Differentiating risks faced when performing nonaudit services, such as reviews, compilations, preparing financial statements, bookkeeping, tax return preparation, and similar
  • Best practices for preventing quality control concerns that could lead to peer review deficiencies or malpractice claims
  • Establishing an understanding with the client to minimize misunderstandings as to the nature and scope of engagements
  • Explain situations when independence should be appropriately safeguarded when performing nonattest services 

COURSE LEVEL

Basic

PREREQUISITES

None

ADVANCE PREPARATION

None

INSTRUCTOR

Chris Harper

Chris Harper, CPA, M.B.A.

PRICING

$89.00 - Member

$119.00 - Nonmember

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Note: Online pre-registration will close on January 11 at 10:30 AM.

ADDITIONAL OPTIONS

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COURSE DEVELOPER

ACPEN