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Join LeaseQuery for an example of how to apply the comprehensive new FASB lease accounting standard, ASC 842. The presentation will discuss the application of key dates, contract components, and the ultimate calculations necessary for compliance.
Upon completion of this course, participants will be able to determine a lessee’s appropriate accounting term, differentiate between lease components, non-lease components, and non-components, and reperform a basic calculation example of the lease liability and ROU Asset under ASC 842 guidelines.
Accountants of all levels
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