ASC 842, Leases: Implementation Issues and Lessons Learned

Recall lessons learned and practical implementation challenges and complexities with the FASB's Accounting Standard Update for Leases (ASC Topic 842). Identify key differences between ASC Topic 842 and ASC Topic 840, Practical Expedients, remeasurement-triggering events. Session will go beyond the basics and will apply to specific examples. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

The major topics that will be covered in this class include:

• FASB's Accounting Standard Update for Leases (ASC Topic 842)
• Key differences between ASC Topic 842 and ASC Topic 840
• Implementation options, entries, practical expedients, and remeasurement-triggering events
• FASB ASU 2023 - 01 - Leases (Topic 842):
  Common Control Arrangements

Who will benefit:

Accountants in business and in public accounting.

This webcast is hosted on CPA Crossing platform. Attendees will receive instructions on how to attend the webcast via e-mail.