Lease Accounting: The Impact of Changing Standards on Both Lessors and Lessees Webinar

Jun 21
1:00 - 3:00 p.m.

Online

2-A&A
CPE Credits

The effective date for ASU 2016-02, Leases (Topic 842) is next year. The new standard eliminates one of the largest forms of off-balance sheet accounting and requires most leases to be brought onto the balance sheet (whether classified as a financing or operating lease). The new guidance in ASC 842 also mandates other changes in lease accounting for both lessees and lessors. This course will discuss the impact of these changing standards on both parties and will discuss recently issued or proposed updates to ASC 842. As 2022 will be here before you know it, now is the time to get up to date on all that is going on with regard to lease accounting.
Highlights
  • Outcomes of the recent FASB and IASB Joint Project related to Leases
  • Differentiating between accounting and reporting requirements for operating and finance leases
  • Evaluating possible material misstatement related to lease recognition, measurement, presentation and disclosure

Registration

PICPA Member: $89
Nonmember: $114

More Information

Course No. AALL-2021-01-WEBNR-172-01

Level: Basic

Prerequisites: Basic understanding of U.S. generally accepted accounting principles

Notes
This webinar is hosted by PICPA's partner, Surgent CPE. After registering, you will receive an email from Surgent CPE with the log-in information.

Speaker(s)

Richard Daisley

Surgent McCoy CPE LLC