ASC 842, Leases: Implementation Issues and Lessons Learned
2.00 Credits
Member Price $89
Non-Member Price $109
Overview
Recall lessons learned and practical implementation challenges and complexities with the FASB’s Accounting Standard Update for Leases (ASC Topic 842). Identify key differences between ASC Topic 842 and ASC Topic 840, Practical Expedients, remeasurement-triggering events. Session will go beyond the basics and will apply to specific examples. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Highlights
The major topics that will be covered in this class include:
- FASB's Accounting Standard Update for Leases (ASC Topic 842)
- Key differences between ASC Topic 842 and ASC Topic 840
- Implementation options, entries, practical expedients, and remeasurement-triggering events
- FASB ASU 2023 - 01 - Leases (Topic 842): Common Control Arrangements
Prerequisites
None
Designed For
Accountants in business and in public accounting.
Objectives
After attending this presentation you will be able to...
- Identify the complexities of the new FASB lease standard and its implementation challenges.
Preparation
None
Non-Member Price $109
Member Price $89