Exploring the New Lease Accounting Standard

Overview

It’s a whole new world for lessees under ASC topic 842. This program will dive into the new standard on leases and its impact on every size entity, review effective dates, and address what you need to know now.

Highlights

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

Prerequisites

None

Designed For

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

Objectives

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

Preparation

None