FASB ASC 842, *Leases*, standards decoded
By learning essential information about lease accounting requirements, you’ll understand the core principles of the standards and how to apply them. You’ll explore topics, such as:
- Identification
- Recognition
- Measurement
- Presentation and disclosure requirements
Deliberate application of lessee accounting model
You’ll also learn about classifying leases, the amortization of the right-of-use asset, and the interest on a lease liability. Additional topics include:
- Short-term leases
- Purchase options
- Variable lease payments
- Sale and leaseback transactions
- Leveraged leases