On-Demand
4 CPE
Instructor
Jim Martin
Instructor
Jim Martin is the founding member of Real World Seminars of GA, LLC, a company wholly dedicated to providing “real world” oriented accounting and auditing CPE for local practitioners primarily servicing or working for privately held organizations. Jim is a true “general practitioner” who, for 30 years, has specialized in income tax, accounting and auditing areas through his local firm Martin & Co., CPA, P.C. with offices in Sandy Springs, GA. Jim performs up to 70 full day continuing education presentations per year for CPAs and attorneys throughout the United States and Canada. To date, Jim has prepared and presented over 1600 full and half-day seminars on accounting, auditing and taxation topics and was named the winner of the 2014-2015 Outstanding Discussion Leader award from the State of Alabama to add to multiple other CPE awards he has received over the past 10 years. Jim also regularly consults with CPA firms throughout the United States on a variety of accounting, auditing and litigation support issues.
The last ditch efforts to defer application of the new leasing standard have been denied! Therefore, beginning with annual periods ending after December 15, 2022, all lessees must capitalize all operating leases by recording a lease liability and a right-of-use asset. This class takes you from adoption, through journal entries to write off of leasing related assets, to presentation and disclosure issues and other implementation problems experienced by those who have adopted the standard early. MUST KNOW items if you work with leases as a lessee!