Description
This course offers an in-depth look at the new leases standard (ASC 842), which requires organizations to recognize lease assets and liabilities on the balance sheet. This comprehensive course will cover recognition, measurement, presentation and disclosure requirements, while also focusing on a key area of change which is proper identification of a lease using a principles-based approach. We will discuss implementation requirements from both the lessee and lessor accounting models. In addition, we explore a variety of scenarios including short-term leases, purchase options, variable lease payments, and remeasurement. This course offers practical journal entry examples, lessons learned from implementation, and explores recently issued amendments to the lease accounting guidance.
Objective
* Define a lease under the new leases standard * Apply recognition and measurement requirements of the new leases standard * Describe the presentation and disclosure requirements of the new leases standard * Prepare journal entries necessary to account for leases as both a lessee and lessor.
Highlights
See course description
Who Should Attend
Accountants in public practice and industry
Required Knowledge
Prior experience with Topic 842
Advanced Prep
None
Event Speaker(s)
Additional Event Information
Contact NCACPA if you need assistance with your online program. For the quickest results, email the Online Learning Team at [email protected], and a team member will contact you shortly.
If you need assistance with internet access issues, browser capability, or when the NCACPA office is closed* please call Freestone Technical Support at 866-702-3278 or by email at [email protected] .
*NCACPA office hours are 9:00 am–5:00 pm ET. Online Learning Team members will be available via email 30 minutes prior to the start of a live online program.
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CPE Select Pass Policies
The CPE Select pass is available only for NCACPA members and the price is applicable for an individual user. The pass includes access to on demand and webinar programs, but excludes webcasts, “hot topic” webinars, and on demand Ethics programming. All eligible programs for the CPE Select pass will be marked in the online catalog and in promotions. Licensed CPAs who elect the student membership status must provide proof of enrollment in an advanced degree.
The CPE Select pass grants unlimited access to qualifying webinars and on demand programs on a calendar-year basis.
We anticipate a spike in webinar activity later in the calendar year, and NCACPA is not liable for third-party service outages that may occur. Please plan your CPE before 12/31 to avoid any unforeseen technology issues.
Also Available As
Wednesday, July 6, 2022 (1:00 pm–4:45 pm ET)Register >>
Monday, August 29, 2022 (1:00 pm–4:45 pm ET)Register >>
Tuesday, August 30, 2022 (1:00 pm–4:45 pm ET)Register >>
Wednesday, August 31, 2022 (8:30 am–12:15 pm ET)Register >>
Thursday, September 1, 2022 (1:00 pm–4:45 pm ET)Register >>
Friday, October 28, 2022 (1:00 pm–4:45 pm ET)Register >>
Tuesday, November 8, 2022 (8:30 am–12:15 pm ET)Register >>
Wednesday, December 28, 2022 (1:00 pm–4:45 pm ET)Register >>
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Registration Fees
| Registration | Early Bird | Regular |
|---|---|---|
| CPE Select | N/A | $0.00 |
| NCACPA Member | N/A | $145.00 |
| Non-Member | N/A | $195.00 |
The North Carolina Association of Certified Public Accountants 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/.For information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call 800-469-1352.