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Leases: Mastering the New FASB Requirements

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21 / S-90052
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Member Price
$155.00 Regular Registration
Your Price
$195.00 Regular Registration
Designed For:

Accountants in practice and industry

FASB ASC 842 requires organizations to recognize lease assets and liabilities on the balance sheet and to disclose key information about lease arrangements. This self-study course provides an in-depth look at the new leases standard, FASB ASC 842, covering identification, recognition, measurement, and presentation and disclosure requirements. Both the lessee and lessor accounting models, as well as short-term leases, purchase options, variable lease payments, and sale and leaseback transactions are addressed. Also included is a chapter that examines the differences between FASB ASU No. 2016-02 and IFRS 16.

Updates in 2019

This 2019 edition includes lease amortization schedules to illustrate existing examples of a lessee's accounting for finance and operating leases, as well as lease modifications. Other changes for 2019 include conforming updates in response to FASB's issuance of ASU No. 2018-11, which amended requirements for transition and separating components of a contract.

Delivery Method: Self-Study
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.

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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.