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

Dec 13
1:00 - 3:00 p.m.

Online

2-A&A
CPE Credits

The effective date for ASU 2016-02, Leases (Topic 842) is rapidly approaching. The new standard eliminates one of the largest forms of off-balance sheet accounting, but requires most leases to be brought onto the balance sheet (whether classified as a financing or operating lease) as well as 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 updated guidance related to this new standard. These changes will be effective for public companies for periods beginning after December 15, 2018, with all other entities having an extra year for implementation. So now is the time to get up to date on all that is going on with regard to this topic.
Highlights
  • Identify finance lease transactions, including both lessor and lessee perspectives
  • Understand the proper accounting and financial reporting treatment for operating and finance leases
  • Describe how lessor accounting is influenced by revenue recognition and measurement concepts
  • Explain important transition issues from the current to new standards  

Registration

PICPA Member: $89
Nonmember: $114

More Information

Course No. AALL-2019-01-WEBNR-347-01

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