View Catalog
Leases: Mastering the New FASB Requirements
ID: 68207
Wednesday June 25, 2025 9:00AM - 5:00PM
Topics:
Financial Accounting, Reporting + Analysis
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
Learning Objectives:
- Recognize arrangements which meet the scope requirements for lease accounting under FASB ASC 842.
- 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.
- Recognize accounting requirements for lease modifications under FASB ASC 842.
- Recognize accounting requirements for sale and leaseback transactions under FASB ASC 842.
- Recognize presentation requirements for lessees and lessors 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.