Webinar

FASB's New Lease Accounting Standard

It’s a whole new world for lessors and lessees under Accounting Standards Update No. 2016-02.  Soon nearly all leases will need to be disclosed on the balance sheet - from buildings right down to autos and copiers.  Although the greatest impact will be on large entities like Walgreens, this will affect the statements of small and mid-sized entities.  

Objectives

*Apply the new financial accounting concepts in the lease setting

*Gain a working knowledge of accounting rules as they relate to lease accounting

*Discuss planning and potential pitfalls

Highlights

*What is a “Lease?”

*Recognition and measurement of lease assets and liabilities

*Impact on Lessors and Lessees

*Disclosures and transition rules

Additional Information

Designed For

CPAs working in public accounting firms and industry who seek a better understanding of lease accounting rules.

Vendor

ACPEN

Advanced Preparation

None

Prerequisite

None

Field of Study

Accounting

Course Number

182047901

Level of Knowledge

Intermediate

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