Join      Renew      Advertise      Directory

Leases: Mastering the New FASB Requirements

  • 05/28/2019
  • 8:00 AM - 4:00 PM
  • WEBINAR AICPA

Registration


Registration is closed

We’ve been getting questions on how the leasing requirements in the new standard differ from current GAAP. In this webcast, we’ll address your questions and concerns by examining the core principles of the new standard, including identification, recognition, measurement, presentation and disclosure requirements. We’ll even cover the business context of implementing this new standard and identify key factors for managing such a significant change.   

Key topics: 
• Lessee accounting model 
• Amortization of the right-of-use asset  
• Interest on the lease liability 
• Lessor accounting model  
• Transfer of risk 
• Profit recognition  
• Collectability   
• Lease classification 
• Derecognition of the underlying asset 
• Recognition of lease receivables 
• Sale and leaseback transactions 
• Comparison of the requirements of U.S. GAAP and IFRS 
• Private company considerations 
• Short-term leases 
• Purchase options 
• Variable lease payments
• Identify a lease under the new leases standard. 
• Apply the recognition and measurement requirements. 
• Identify presentation and disclosure requirements.

Designed For: Accountants in practice and industry
Level: Intermediate
Instructor: Daryl Krause
Developer: AICPA
CPE Credits: 8
Area of Study: Accounting  8
Prerequisite: Experience in application of accounting standards


Visit Us:

3100 South Columbia Road
Suite 500
Grand Forks, ND 58201

Contact Us: 

 (701) 775-7111
or (877) 637-2727
Email: info@ndcpas.org

Connect with us:

Powered by Wild Apricot Membership Software