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The Bottom Line on the New Lease Accounting Requirements

 Various
 
4.0
Registration is Open
Member Price
$225.00 Regular Registration
Your Price
$269.00 Regular Registration
This course is being offered on multiple dates, listed below. Click the Register button next to your preferred date to register.
 Tue, 06/10/2025 from 9:00 am to 1:00 pm
 Fri, 07/18/2025 from 9:00 am to 1:00 pm
 Thu, 08/14/2025 from 1:00 pm to 5:00 pm
 Tue, 09/09/2025 from 9:00 am to 1:00 pm
 Thu, 11/13/2025 from 1:00 pm to 5:00 pm
 Thu, 01/15/2026 from 9:00 am to 1:00 pm
 Fri, 02/06/2026 from 1:00 pm to 5:00 pm
 Fri, 04/10/2026 from 9:00 am to 1:00 pm
Designed For:

Accountants and finance professionals

Prerequisite:

Experience in application of accounting standards

FASB ASC 842, *Leases* explained
Understanding lease fundamentals is essential to applying FASB lease requirements appropriately. As such, you'll delve into key concepts that define what a lease is, as well as basic lease accounting topics, such as:

  • Contracts containing leases
  • Lease classification
  • Amortization of the right-of-use asset
  • Impairment considerations

    Lease presentation and disclosure requirements
    Comprehensive examples and case studies will guide you through approaches to help you adopt accounting guidance for FASB ASU 2023-01. You'll also review the presentation and disclosure requirements, and other topics, including:
  • Lease versus non-lease components
  • Sales-type lease
  • Direct financing lease
  • Operating lease
  • Lease terminations
    Delivery Method: Individual webcast
    CPE Credit: Accounting
    Program Level: Intermediate

    This course is being offered by a 3rd party vendor and will not be accessible on your My CPE page. Webinar access information will be emailed directly to you by AICPA.

    • Objectives

    • Recognize arrangements which meet the scope requirements for lease accounting under FASB ASC 842.
    • Recognize accounting requirements for lease modifications under FASB ASC 842.
    • Recognition presentation requirements for lessees and lessors under FASB ASC 842.
    • Identify the recognition criteria for sales-type, direct financing, and operating leases.

    Speakers

    Vendor

    The Virginia Society of CPAs (VSCPA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBARegistry.org.

    For more information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call (800) 733-8272.