Webinar: Implementation Challenges with the New FASB Lease Standard
WC767 | Course | Basic | Scheduled
Description
Learn the basics of FASB's Accounting Standard Update for Leases (ASC Topic 842), the key differences between ASC Topic 842 and ASC Topic 840, Leases,
Credits
| Number of Credits | Type of Credits |
|---|---|
| 2.00 | Accounting |
Designed For
Members in Public and Members in Business
Prerequisites
None
Highlights
The major topics that will be covered in this class include:
- FASB's Accounting Standard Update for Leases (ASC Topic 842).
- Key differences between ASC Topic 842 and ASC Topic 840.
- Commitments that are on the balance sheet: operating leases and finance leases
- Allocation consideration to lease and nonlease components.
- Lease payments, discount rate, inception date, commencement date, lease term.
- Impairments of right-of-use asset, modifications, subleases.
- Policy elections and disclosures.
Objectives
After attending this presentation you will be able to...
- Identify the complexities of the new FASB lease standard.
- Recall the FASB lease standard implementation challenges.
Preparation
None
Notes
Webinar Day - HELP and Assistance Instructions
- The session will open 30 minutes prior to the start time. At that time, you will receive a reminder email bringing you to your Attendee Dashboard and a link to join the webinar.
- We recommend you log in early to ensure you are ready to go when the presentation begins.
- IF YOU ARE HAVING TROUBLE LOGGING INTO THE WEBINAR, please call the CPA Crossings Customer Service Team at (877)-370-2220 Ext. #1.
Prices
- Member (Early Bird)
- $89.00
- Non-Member (Early Bird)
- $89.00
- Member
- $89.00
- Non-Member
- $89.00