FASB's New Lease Accounting Standard

Webinar: ID# 1010274
About This Course:
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.

Agenda / Covered Topics
  • 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
  • What is a "Lease?"
  • Recognition and measurement of lease assets and liabilities
  • Impact on Lessors and Lessees
  • Disclosures and transition rules
Included Materials

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