Leases: Lessor Accounting Explained
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Description
While accounting for leases by a lessee is a more widespread accounting and reporting issue, ASC 842 also address the accounting by lessors, which can be quite a complex topic when applicable to a reporting entity. This CPE-eligible, eLearning course (2.0 CPE) uses audio, interactivity, and detailed examples to explore all facets of lease accounting for lessors, including the accounting considerations for sales-type, direct financing, and operating leases. The online course also discusses how ASC 842 may be impacted by standards, like ASC 606 Revenue from Contracts with Customers. Are you ready to zoom through the Lessor racetrack?
This course is included in the following collections:
Learning Objectives
- Recognize the key terms and assumptions applicable to lessor accounting
- Classify leases using classification tests for lessors
- Recall the initial and subsequent accounting requirements for lessors
Additional Information
| Last Updated | 07/01/2024 |
|---|---|
| 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
1h 30m
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