February 6, 2023


Webinar


2 Total CPE Credits

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Implementation Challenges with the New FASB Lease Standard

Learning Objectives

After attending this presentation you will be able to...

  • Identify the complexities of the new FASB lease standard.
  • Recall the FASB lease standard implementation challenges.

Major Topics

The major topics that will be covered in this class include:

  • FASB's Accounting Standard Update for Leases (ASC Topic 842).
  • Key differences between ASC Topic 842 and ASC Topic 840.
  • Commitments that are on the balance sheet: operating leases and finance leases
  • Allocation consideration to lease and nonlease components.
  • Lease payments, discount rate, inception date, commencement date, lease term.
  • Impairments of right-of-use asset, modifications, subleases.
  • Policy elections and disclosures.

CPE Credits Available

2
Total CPE
2
Accounting & Auditing

Things to Know About This Course

Course Level

  • Basic

Prerequisites

None

Advanced Preparation

None

Intended Audience

Members in Public and Members in Business

Provider

CPA Crossings

Register For This Event

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  • ASCPA Non-Member

    $ 129 129
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