FASB's New Lease Accounting Standard

Description

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 and address what you need to know now.

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Date/Time

Thursday, July 18, 2019
Registration Time: 11:30am
11:30am – 1:30pm

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Course Type

On-line Live Vendors

CPE Credit

2.00 hours CPE credit

Field of Study

Accounting

Level of Knowledge

Basic

Designed For

Practitioners and members in industry seeking a better understanding to the new lease accounting rules effective for private companies in 2020.

Vendor

CPA Crossings

Prerequisites

None

Advanced Preparation

None

Highlights

  • What is a "lease"?
  • Recognition and measurement of lease assets and liabilities.
  • Impact on lessors and lessees.
  • Disclosures and transition rules.
  • Effective dates.

Objectives

  • Apply the new financial accounting concepts of leases.
  • Gain a working knowledge of accounting rules as they apply to leases.

Location

N/A (This is a webcast)
Member Fee $79.00
Non-Member Fee $79.00
Your Price $79.00

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