ASC 842: Leases
Description
If you're looking for comprehensive accounting training for ASC 842 Leases, you've come to the right place! Our collection of four eLearning courses (totaling 6.0 CPE credits) walks you through everything you need to know about accounting for leases under U.S. GAAP. For example, it covers everything from the initial recognition and measurement to the subsequent accounting, and everything in between. Its easy to understand with lots of practical examples and insights. Above all, with GAAP Dynamics, you know it'll be fun!
Firstly, the introductory eLearning in this accounting for leases CPE collection provides you with a nice overview of accounting for leases in accordance with ASC 842. Topics discussed include:
- Introduction to leases
- Lease definition and scope
- Key concepts of a lease, including components of a contract, the commencement date, the lease term, lease payments, and the discount rate
- Lease classification and accounting, including initial recognition and measurement and subsequent measurement
Subsequently, the next course in this U.S. GAAP collection delves into the requirements for lessee accounting under ASC 842. Topics covered in this accounting for leases CPE course include:
- Introduction to lessee accounting
- Initial recognition and measurement
- Subsequent measurement for finance leases
- Subsequent measurement for operating leases
- A case study allowing you the opportunity to put your accounting knowledge to work
- Presentation and disclosure requirements for lessees
After that, you'll discover the accounting requirements for lessees under ASC 842. Accounting for leases from the lessor's perspective includes the following topics:
- Overview, scope and lease identification
- Key terms and assumptions
- Lease classification for lessors
- Initial and subsequent accounting
- Separating components in a contract
- Lease modifications
Finally, the last module in the accounting for leases CPE collection discusses what comes next. In other words, changes after the lease commencement date and their impact on the accounting and reporting under ASC 842. Topics covered include:
- Reassessing key estimates and judgments
- Remeasurement events
- Accounting for lease modifications by lessees
- Accounting for lease modifications by lessors
- Terminations of lease contracts
Start your leasing training today and save when you purchase these courses as a collection! Interested in group discounts? Contact us today to learn more!
Additional Information
Expiration | This course, collection, or subscription expires one year from the date of purchase. The post-course assessment for each course must be satisfactorily completed, as evidenced by a passing grade of at least 70%, by the expiration date to be awarded any qualifying continuing professional education (CPE) credit. |
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Refund or Cancellation Policy | For more information regarding refunds, concerns, and program cancellation policies, please contact the GAAP Dynamics Support Team via email at support@gaapdynamics.com or call (804) 897-0608. |
Original price was: $679.$399Current price is: $399.