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Lessee and Lessor Accounting
ID: 68193
Tuesday June 17, 2025 9:00AM - 11:00AM
Topics:
Financial Accounting, Reporting + Analysis
What you need to know about the lessee and lessor accounting models This course explains the lessee accounting model, including
- Lease and non-lease components
- Lease classification
- Amortization of the right-of-use asset
- Interest on the lease liability
This course also explains the lessor accounting model, including
- Transfer of risk
- Profit recognition
- Collectibility
Included in this course are detailed and illustrated examples with amortization tables and journal entries.
Learning Objectives:
- Recognize lessee accounting requirements for operating leases and finance leases under FASB ASC 842.
- Recognize lessor accounting requirements for sales type, direct financing, and operating leases under FASB ASC 842.
Who will benefit:
- Accountants and finance professionals
This is an AICPA hosted webcast. You will launch the course from your OSCPA learning center portal. AICPA will issue and maintain your credits. Please make sure to download your CPE certificate from AICPA webcast portal at the conclusion of the webcast.