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New Lease Accounting Standard: How Ready Are You?


Total Credits: 8 including 4 Accounting (Governmental) - Technical, 4 Auditing (Governmental) - Technical

Average Rating:
   10
Categories:
Accounting and Auditing |  Partner Produced
Faculty:
Robert Bedwell
Course Levels:
Intermediate
Duration:
8 Hours
License:
Product Setting: Expires 40 day(s) after program date.

Dates


Description

The new lease accounting standard will cause radical changes to lessor and lessee financial reporting, including balance sheet reporting for many lease arrangements under U.S. GAAP.

This course includes a review of the five step model required by the new standard, as well as, the most recent industry implementation guidance issued by the FASB and AICPA. The standard also includes greatly expanded disclosure requirements so the course includes a review of examples of the note disclosures.

Basic Course Information

Learning Objectives
  • Discuss the fundamentals of the new FASB lease accounting standard
  • Review potential implementation issues, including discussion of latest FASB implementation guidance
  • Assess the effects of the new standard on your company or clients

Major Subjects
  • Recognition of lease receivables
  • Lease classifications
  • Lease assets

Course Materials

Additional Info

Basic Course Information

Prerequisites Knowledge of existing accounting standards for lease accounting
Advanced Preparation None
Designed For Financial reporting and other professionals who are involved in lease accounting, review such accounting, or need to understand how lease accounting affects their financial reporting
Original Recording Date 12/13/2019
Yellow Book No
Course Developer FICPA
Date Added to Catalog 04/05/2019

Additional Information

Complaint Resolution Policy Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Official Registry Statement Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Instructional Delivery Method Group Internet Based
Course Registration Requirements Online Registration
Refund/Cancellation Policy Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.

Reviews

5
4
3
2
1

Overall:      4.6

Total Reviews: 10

Comments

Joanne S - Charleston, South Carolina

" "

George F

"Very satisfied with the presentation and the speaker's delivery of same"

Michael W - Fort Lauderdale, Florida

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