2024 Topic 842: Understanding the New Lease Accounting Standard

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  • Location
    • Your Computer
      Your Space
      ISCPA / ACPEN Webinar, ID 00000
  • Credits
    • 4.00
  • Credit Type(s)
    • Computer Software & Applications (Technical) (4.00)
  • Prerequisites
    • None

  • Vendor
    • ACPEN
  • Level
    • Intermediate
  • Fields of Study
    • Computer Software & Applications
  • Message
    • Virtual Experience

Description

It’s a whole new world for lessees under ASC topic 842.  Soon nearly all leases will need to be disclosed as a liability on the balance sheet – from buildings right down to autos and copiers.  Although the greatest impact will be on large entities, this will affect the financial statements of small and mid-size entities as well.  This program will dive into the new standard on leases, effective dates, and address what you need to know now.



  • Presented by Thomas Stephens

    • Delivery Format: Live Webcast Replay

    Designed For

    Practitioners and members in industry seeking a better understanding of the new lease accounting rules effective for private companies

    Objectives

    • Apply the new financial accounting concepts of leases
    • Gain a working knowledge of accounting rules as they apply to leases

    Highlights

    • What is a lease?
    • Recognition and measurement of lease assets and liabilities
    • Impact on lessors and lessees
    • Disclosures and transition rules
    • Effective dates

    Advanced Prep

    None

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    Leaders

    ACPEN Panel

    No Biography Available

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