Description

This course, the last in a three-course series, concentrates on the remaining topics in ASC Topic 842, Leases, such as leasing from a lessor's perspective and disclosure and transition for both the lessor and lessee. The course also reviews and discusses note disclosures from several publicly traded companies across several industries. Attendees should be familiar with the content from the first course, Leases: Is It a Lease?, and the second course, Leases: Lessees. Be sure to register for all three parts of this series: Leases: Is it a Lease?—Topic 842-10 Leases: Lessee—Topic 842-21 Leases: Miscellaneous Topics

Target Audience

CPAs, auditors, consultants, and financial and management professionals.

Course Objectives

• Recognize the lease at commencement under sales-type, direct financing, and operating leases, from the perspective of a lessor
• Calculate the subsequent measurement under sales-type, direct financing, and operating leases, from the perspective of a lessor
• Describe the presentation of the leases in the financial statements
• Review excerpts from a selection of public companies' lease disclosures

Subjects

• FASB ASC 842, Leases
• All recently released updates to ASC Topic 842, Leases

Prerequisites

Leases: Is It a Lease? and Leases: Lessee