This course provides a high level overview of the accounting and reporting requirements related to lease transactions as outlined in ASC Topic 842. This course addresses the process of determining whether an arrangement contains a lease and the resulting lease classification. This course also addresses recognition requirements as well as some high level presentation & disclosure topics.
Course Publication Date:
September 15, 2022
This course is available with
NO ADDITIONAL FEE if you have an active
self study membership or
all access membership or
webinar membership or can be purchased for
$10.00!
| Author: | Kelen Camehl |
| Course No: | ACT-LEASEACT-8342 |
| Recommended CPE: | 1.00 |
| Delivery Method: | QAS Self Study |
| Level of Knowledge: | Basic |
| Prerequisites: | None |
| Advanced Preparation: | None |
| Recommended Field of Study: | Webinars - On Demand
Accounting
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Learning Objectives
- Determine whether an arrangement contains a lease
- List the criteria for lease classification
- Identify how leases are initially and subsequently measured
- Recognize impacts from lease modifications
- Identify presentation and disclosure requirements for lease transactions