FASB's New Lease Accounting Standards

Tuesday, April 11, 2023
Webcast or Webinar, Online
2:00 PM - 3:57 PM (opens at 1:30 PM) EST
2Credits
Accounting and Auditing

Registration is Open

Members
$79.00 Regular Price
Non-Members
$109.00 Regular Price

CPE PowerPass Users

Click the "Apply PowerPass" button to use your PowerPass for the applicable course below.
$36.00 Members / $52.00 Non-Members
Course Type: Webcast
Course Code: 23/AC633461
Level: Basic
Vendor: ACPEN
Field of Study: Accounting

Overview:

It’s a whole new world for lessees under ASC topic 842.  Soon nearly all leases will need to be disclosed as a liability on the balance sheet – from buildings right down to autos and copiers.  Although the greatest impact will be on large entities, this will affect the financial statements of small and mid-size entities as well.  This program will dive into the new standard on leases, effective dates, and address what you need to know now.

Objectives:

  • Apply the new financial accounting concepts of leases
  • Gain a working knowledge of accounting rules as they apply to leases

Major Topics:

What is a lease?Recognition and measurement of lease assets and liabilitiesImpact on lessors and lesseesDisclosures and transition rulesEffective dates

Major Topics:

What is a lease?Recognition and measurement of lease assets and liabilitiesImpact on lessors and lesseesDisclosures and transition rulesEffective dates

Designed For:

Practitioners and members in industry seeking a better understanding of the new lease accounting rules effective for private companies

Prerequisties:

None
CPE sponsors

The Florida Institute of Certified Public Accountants (FICPA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBARegistry.org