Surgent's Lease Accounting: Exploring the New Standard Download
May 1st, 2023 - April 30th, 2024
| Member Price |
$49.00 |
| Non-Member Price |
$79.00 |
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Credits
2
Description
With the effective date of Topic 842 now here, now is the time to get your hands around the details of the FASB's new leases standard. Designed for accounting and auditing practitioners at all levels in both public accounting and business and industry, this course provides a thorough overview of the FASB's new lease accounting standard (ASU No. 2016-02) that was released in February 2016 and all subsequent changes that have been made to ASC 842. You will learn about the long-awaited lease accounting standard for lessors and lessees, including transition accounting, as well as recent updates to the new lease accounting guidance. Plenty of practical application illustrations are used, including journal entries, to help in understanding this complex area of accounting.
Objectives
Be familiar with the FASB's new lease accounting standards and guidance
Major Subjects
Leases (Topic 842) Overall lease accounting guidance Lessor Accounting 101 Lessee Accounting 101Detailed review of accounting by lesseesSale and leaseback transactionsTransition guidanceRecently released ASUs impacting Topic 842
Prerequisites
Experience in accounting and auditing
