Leases Accounting under Topic 842 - Answers to FAQ After Implementation
Overview
Lease accounting under FASB ASC 842 is now fully effective for all entities. Transitioning to new GAAP always leads to implementation issues and concerns. This course will answer the most common questions asked related to the latest lease accounting and financial reporting requirements after adoption and transition.
Delivery Method: Individual webcast
CPE Credit: Accounting
Program Level: Basic
Highlights
- Alternatives to adopting Topic 842
- Short-term lease and related-party leasing arrangements
- Identifying lease agreements under the new rules
- Proper treatment of lease incentives, leasehold improvements, and lease modifications
Prerequisites
None
Designed For
Anyonne responsible for preparing or attesting upon financial statements
Objectives
- List significant requirements of Topic 842 lease accounting and reporting
- Recall answers to FAQ related to lease accounting and reporting after adopiton
Preparation
None
Leader(s):
Leader Bios
Jennifer Louis, Emergent Solutions Group, LLC
Jennifer F. Louis, CPA has over 25 years of experience in designing and instructing high-quality training programs in a wide variety of
technical and "soft skills" topics needed for professional and organization success. In 2003, she founded Emergent Solutions Group,
LLC, where she focuses her energy on designing and delivering high-quality, practical, and engaging accounting and auditing training.
She was most recently Director of Audit Product Development at Surgent Professional Education, and prior to that served as
Executive Vice President/Director of Training Services at AuditWatch, Inc., a highly-respected training and audit process consulting
firm. Before joining AuditWatch, Jennifer was the Financial/Operational Audit Manager at AARP. At the start of her professional
career, Jennifer was an Audit Manager for Deloitte & Touche LLP, where she frequently served as a local and national instructor.
Jennifer graduated summa cum laude from Marymount University with a BBA-Accounting. Besides loving life on the lake with her
husband in Charlotte, NC, she enjoys hiking with her little dog Frodo Beggins, and savoring any precious moments spent with her two
young adult boys.
Non-Member Price $109.00
Member Price $79.00