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 and address what you need to know now.
This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event. Highlights
What is a "lease"?
Recognition and measurement of lease assets and liabilities.
Impact on lessors and lessees.
Disclosures and transition rules.
Effective dates.
Registration
PICPA Member: $79 Nonmember: $104
More Information
Course No. VTVFNL2Level: Basic
Prerequisites:
None
Speaker(s)
Douglas VanDerAA
Douglas J. Van Der Aa, CPA, JD
Doug is a lively and energetic speaker - even on the subject of
taxes!
Doug’s professional practice is focused on serving the needs
of closely held businesses and their owners, including their pass-through
entities, estates and trusts. Doug’s 20+ years of experience includes both tax
practice in CPA firms and the practice of transactional business and real estate
law as an attorney. He earned his Bachelor of Arts degree with a major in
accounting from Dordt College and his Juris Doctor from the University of
Illinois College of Law. Doug has taught as an Adjunct and recently completed a
year as a Visiting Professor in the School of Accounting at Grand Valley State
University’s Seidman College of Business in Grand Rapids, Michigan, where he
taught in both the undergraduate and MST programs.