Lease Accounting for Lessees Under ASC 842 2023

Understanding the impact of lease accounting on lessees is broader than just the financial statements, which impacts everything from systems to for...

5/31/2023 12:00pm - 1:00pm | Online | CalCPA

Members: $49.00, Non-members: $59.00

CPE Categories: Accounting (1 CPE)

Interest Areas: Accounting and Auditing

Description

Understanding the impact of lease accounting on lessees is broader than just the financial statements, which impacts everything from systems to forecasts to debt covenants. Learn how the changes required by ASC 842 impacts lease accounting practices through real-world examples.

Presented by Summer Taylor

Target Audience

CPAs, accountants, auditors and financial professionals.

Course Objectives

Recognize the scope of ASC 842
Identify critical terms and definitions under ASC 842
Determine the impact of ASC 842 on lessee reporting entities

Subjects

Summary of key changes from ASC 840 to 8422
Technical requirements of ASC 842
Impact on lessees
Impact of COVID
Disclosure requirements