Mobile Edition


FASB's New Lease Accounting Standard (ACFNL15)

 
Date:Wednesday, December 27, 2017
Time:9:00 AM - 1:00 PM
(Registration at 8:30 AM)
Facility:Webcast or Webinar, Online
CPE Credit:4.0 Accounting and Auditing
Instructor: Douglas J. Van Der Aa
Vendor:ACPEN
Course Level:Intermediate
Early Bird Price:$129.00 FICPA Members, $159.00 Non-Members

Description:

It’s a whole new world for lessors and lessees under Accounting Standards Update No. 2016-02.  Soon nearly all leases will need to be disclosed on the balance sheet - from buildings right down to autos and copiers.  Although the greatest impact will be on large entities like Walgreens, this will affect the statements of small and mid-sized entities.  



Objectives:

  • Apply the new financial accounting concepts in the lease setting

  • Gain a working knowledge of accounting rules as they relate to lease accounting

  • Discuss planning and potential pitfalls



    Major Topics:

  • What is a “Lease?”

  • Recognition and measurement of lease assets and liabilities

  • Impact on Lessors and Lessees

  • Disclosures and transition rules



    Who Should Attend:
    CPAs working in public accounting firms and industry who seek a better understanding of lease accounting rules.

    Prerequisite:
    None

    Advanced Preparation:
    None

    Session/Options

    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.