Now available: purchase a #MarylandCPAProud face mask and support the MACPA Educational Foundation! BUY NOW

Leases: Mastering the New FASB Requirements (2020)

Description

We’ve been getting questions on how the leasing requirements in the new standard differ from current GAAP. In this webcast, we’ll address your questions and concerns by examining the core principles of the new standard, including identification, recognition, measurement, presentation and disclosure requirements. We’ll even cover the business context of implementing this new standard and identify key factors for managing such a significant change. Experience hands-on learning with journal entry examples that show you the applications of the new standard. KEY TOPICS: -Lease classification -Derecognition of the underlying asset -Recognition of lease receivables -Sale and leaseback transactions -Comparison of the requirements of U.S. GAAP and IFRS -Private company considerations -Short-term leases -Purchase options -Variable lease payments

Learning Objectives

• Identify a lease under the new leases standard. • Apply the recognition and measurement requirements. • Identify presentation and disclosure requirements.

Major Topics

KEY TOPICS:

-Lease classification

-Derecognition of the underlying asset

-Recognition of lease receivables

-Sale and leaseback transactions

-Comparison of the requirements of U.S. GAAP and IFRS

-Private company considerations

-Short-term leases

-Purchase options

-Variable lease payments

Provider
AICPA
Course Level
TBD
Professional Area of Focus
Accounting & Auditing
CPE Field of Study
Accounting
8
Who Should Attend

Accountants in practice and industry

Instructor(s)
Daryl Krause
Prerequisites

Experience in application of accounting standards

Advanced Preparation

None

Location
Online
Event Information
When
Oct 1, 2020
9:00 am - 5:00 pm EDT
Location
Online
Total CPE Credits
8
Format
Webcast Replay

MEMBER


$ (% off)
$279.00

NON-MEMBER


$ (% off)
$339.00
Become A Member

Register for this Event

Leases: Mastering the New FASB Requirements (2020)


Loading
Your browser is out-of-date!

Update your browser to view this website correctly.

Update my browser now

×