Lease Accounting for Lessees Under ASC 842 2024

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  • Date/Time
    • Nov 27, 2024
    • Sign In: 10:30am (MT)
    • Program: 11:00am - 12:00pm (MT)
    • Add to Calendar
  • Location
    • Your Computer
      Your Space
      ISCPA / CalCPE Webinar, ID 00000
  • Credits
    • 1.00
  • Credit Type(s)
    • Accounting (1.00)
  • Prerequisites
    • None

  • Vendor
    • California CPA Education Foundation
  • Level
    • Overview
  • Fields of Study
    • Accounting

Description

Understanding the impact of lease accounting on lessees is broader than just the financial statements, which impacts everything from systems to forecasts to debt covenants. Learn how the changes required by ASC 842 impacts lease accounting practices through real-world examples.

  • Presenters - Summer M. Taylor
  • Designed For

    Designed For: CPAs, accountants, auditors and financial professionals.
  • Role Level - Entry-level/Individual contributor; Manager/Senior Manager; Director; Sole Practitioner
  • Objectives

    • Recognize the scope of ASC 842
    • Identify critical terms and definitions under ASC 842
    • Determine the impact of ASC 842 on lessee reporting entities

    Highlights

    • Summary of key changes from ASC 840 to 8422
    • Technical requirements of ASC 842
    • Impact on lessees
    • Impact of COVID
    • Disclosure requirements

    Advanced Prep

    None

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    Leaders

    CALCPE Panel

    No Biography Available

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