Mobile Edition

Leases: Lessor & Effective Date and Transition (Topic 842-30) (4173309B)

Date:Tuesday, January 23, 2018
Time:2:00 PM - 4:00 PM
(Registration at 1:30 PM)
Facility:Webcast or Webinar, Online
CPE Credit:2.0 Accounting and Auditing
Instructor: Bobbe Barnes
Vendor:California CPA Education Foundation
Course Level:Overview
Early Bird Price:$60.00 FICPA Members, $90.00 Non-Members


Leasing is a popular form of capital investment for corporations, including everything from office space to equipment. The FASB has now released Topic 842, Leases, a major rewrite of the leasing topic.

This course, the final segment in a three-course series, concentrates on the new Topic 842, Leases. Address the leases from the perspective of a lessor and the effective date and transition for both the lessor and lessee. The course assumes the knowledge of the first course, Leases: Is It a Lease? and the second courses, Leases: Lessees.

The effective date for nonpublic entities is annual reporting periods beginning after December 15, 2019. However, early application is permitted. Help your clients and companies be prepared for adoption before it becomes a last-minute effort.

  • Recognize the lease at commencement under sales-type, direct financing, and operating leases, from the perspective of a lessor.
  • Calculate the subsequent measurement under sales-type, direct financing, and operating leases, from the perspective of a lessor.
  • Describe the presentation of the leases in the financial statements.
  • Identify the effective date for public and nonpublic entities.
  • Describe the transition requirements for both lessees and lessors.

Major Topics:

FASB ASC 842, Leases

Who Should Attend:

CPAs, auditors, consultants, and financial and management professionals.

Leases: Is It a Lease? and Leases: Lessee

Advanced Preparation:


If listed below, select the appropriate sessions or options to continue with your purchase.

Registration Status: CLOSED - Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.