Self Study
Stay up to date on the latest changes...
Lease Accounting Deep Dive - Unlocking the Key Principles of ASC 842
$49.95$49.95
Lease Accounting Deep Dive - Unlocking the Key Principles of ASC 842
Course Description:
This course provides an in-depth overview of the lease accounting standards prescribed by ASC 842. This includes a discussion of how to identify a lease within a contract and how to classify a lease. This course also provides an in-depth review of the initial measurement, subsequent measurement, and presentation & disclosure of leases.
Learning Objectives:
Upon successful completion of this course, participants will be able to:
- Determine whether an arrangement contains a lease
- Identify considerations with respect to substitution rights and decision-making rights
- Identify the criteria for finance lease and short-term leases
- Recognize the recognition and measurement requirements for both lessees and lessors
- Identify the recognition criteria for sales-type, direct financing, and operating leases
- Identify the overall requirements with respect to lease modifications
- Identify the criteria used for sale and leaseback transactions
- Identify the presentation requirements for both lessees and lessors
- Recognize both qualitative and quantitative disclosure requirements for both lessees and lessors
- Recognize considerations of and alternatives provided to private companies
Course Number:
KC203
NASBA Field of Study:
Accounting
Level:
Basic
Author/Instructor:
Kelen F. Camehl, CPA, MBA
Publication Date:
January 2025
CPE Credits:
4
Prerequisites:
None
Advanced Preparation:
None
KC203
NASBA Field of Study:
Accounting
Level:
Basic
Author/Instructor:
Kelen F. Camehl, CPA, MBA
Publication Date:
January 2025
CPE Credits:
4
Prerequisites:
None
Advanced Preparation:
None
The Wait is Over
SIGNUP TODAY AND RECEIVE 8 HOURS OF FREE CPE CREDIT
Copyright © 2026 CPE Credit. All Rights Reserved.
0 Comments