Leases: Lessor & Effective Date and Transition (Topic 842-30) (4173309B)

Tuesday, January 23, 2018 | 2:00 PM - 4:00 PM (Registration at 1:30 PM) EST |

Instructor

Bobbe Barnes

Description

Leasing is a popular form of capital investment for corporations, including everything from office space to equipment. The FASB has now released Topic 842, Leases, a major rewrite of the leasing topic. This course, the final segment in a three-course series, concentrates on the new Topic 842, Leases. Address the leases from the perspective of a lessor and the effective date and transition for both the lessor and lessee. The course assumes the knowledge of the first course, Leases:Is It a Lease?and the second courses, Leases:Lessees. The effective date for nonpublic entities is annual reporting periods beginning after December 15, 2019. However, early application is permitted. Help your clients and companies be prepared for adoption before it becomes a last-minute effort.

Objectives

Recognize the lease at commencement under sales-type, direct financing, and operating leases, from the perspective of a lessor. Calculate the subsequent measurement under sales-type, direct financing, and operating leases, from the perspective of a lessor. Describe the presentation of the leases in the financial statements. Identify the effective date for public and nonpublic entities. Describe the transition requirements for both lessees and lessors.

Cost

Standard Registration: $79 SCACPA Members, $99 Non-Members

Major Topics

FASB ASC 842, Leases

DETAILS

Course Code:
4173309B

Credits:
2.00 Accounting and Auditing

Field of Study:
Accounting

Vendor:
CalCPA Education Foundation

Course Type:
Webinars/Webcasts

Level:
Overview

Prerequisite:
Leases: Is It a Lease? and Leases: Lessee

Advanced Preparation:
None.

 

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