Lease Accounting for Lessees Under ASC 842 2024
Overview
Understanding the impact of lease accounting on lessees is broader than just the financial statements, which impacts everything from systems to forecasts to debt covenants. Learn how the changes required by ASC 842 impacts lease accounting practices through real-world examples.
Highlights
- Summary of key changes from ASC 840 to 8422
- Technical requirements of ASC 842
- Impact on lessees
- Impact of COVID
- Disclosure requirements
Prerequisites
None
Designed For
CPAs, accountants, auditors and financial professionals.
Objectives
- Recognize the scope of ASC 842
- Identify critical terms and definitions under ASC 842
- Determine the impact of ASC 842 on lessee reporting entities
Preparation
None
Notice
This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by the California Education Foundation (CalCPA). Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.
Non-Member Price $59.00
Member Price $49.00