Leases: Lessee Accounting Explained
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Description
Lease accounting has recently gone through a major over-haul with big impacts to entities in all industries…especially if that entity is the lessee in a lease contract! This CPE-eligible, eLearning course (1.5 CPE) uses video, interactivity, and detailed examples to explore all facets of lease accounting for lessees under ASC 842 Leases. Are you ready to jump on board the Leasing Express?
This course is included in the following collections:
Learning Objectives
By the end of this course, you should be able to:
- Determine the right-of-use (ROU) asset and lease liability to be recorded by the lessee on the commencement date
- Recall the subsequent accounting by lessees for finance leases
- Recall the subsequent accounting by lessees for operating leases
Additional Information
Last Updated | 06/01/2023 |
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CPE Credit | 1.5 |
Field of Study | Accounting |
Instructional Delivery Method | QAS Self Study |
Knowledge Level | Intermediate |
Private | No |
Prerequisites | General knowledge of accounting for leases under ASC 842 or completion of our eLearning course, Leases: Overview of ASC 842 |
Advanced Preparation | None |
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. |
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. |
$180
ID: E-71K5EV
1h 30m