Total Credits: 4 including 4 Accounting - Technical
This course offers an in-depth look at the new leases standard (ASC 842), which requires organizations to recognize lease assets and liabilities on the balance sheet. This comprehensive course will cover recognition, measurement, presentation and disclosure requirements, while also focusing on a key area of change which is proper identification of a lease using a principles-based approach. We will discuss implementation requirements from both the lessee and lessor accounting models. In addition, we explore a variety of scenarios including short-term leases, purchase options, variable lease payments, and remeasurement. This
course offers practical journal entry examples, lessons learned from implementation, and explores recently issued amendments to the lease accounting guidance.
• Define a lease under the new leases standard
• Apply recognition and measurement requirements of
the new leases standard
• Describe the presentation and disclosure
requirements of the new leases standard
• Prepare journal entries necessary to account for
leases as both a lessee and lessor
Define a lease uner the new leases standard
Apply recognistion and measurement requirements of the new leases standard
Describe the presentation and disclosure reuirements of the new leases standard
Prepare journal entries necessary to account for leases as both a lessee and a lessor
|Important CPE Credit Instructions_READ BEFORE WEBCAST UPDATED (487.5 KB)||Available after Purchase|
|Topic 842 – Implementing Leases Workshop_Q&A (12.6 KB)||Available after Purchase|
|Handout (1.9 MB)||Available after Purchase|
Melisa Galasso is the founder and CEO of Galasso Learning Solutions LLC. A CPA with nearly 20 years of experience in the accounting profession, Melisa designs and facilitates courses in advanced technical acconting and auditing topics, including not-for-profit and governmental accounting. She also supports essential professional development, audit level training, and train the trainer efforts. Melisa is a Certified Professional in Talent Development (CPTD) and has earned the Association for Talent Development Master Trainer™ designation. Her passion for instructional design and adult learning techniques is one of the differentiators that set her apart from other CPE providers. Within the industry, Melisa serves on the FASB’s Not-for-Profit Advisory Committee (NAC), AICPA Council, and the VSCPA’s Board of Directors. She previously served on the AICPA’s Technical Issues Committee (TIC) and is a past-Chair of the NCACPA’s A&A committee. Melisa also authors the AICPA’s State and Local Government Guide and serves as a SME for the Center for Plain English Accounting.
Wed, Sep 22, 2021 - 02:00pm to 05:48pm EDT
Wed, Oct 06, 2021 - 10:00am to 01:48pm EDT
Thu, Oct 21, 2021 - 06:00pm to 09:48pm EDT
Fri, Nov 05, 2021 - 10:00am to 01:48pm EDT
Sat, Nov 20, 2021 - 02:00pm to 05:48pm EST
Wed, Dec 01, 2021 - 10:00am to 01:48pm EST
Tue, Dec 14, 2021 - 02:00pm to 05:48pm EST
Professionals in the accounting industry.
Galasso Learning Solutions
Prior Experience with Topic 842
Please contact Anne Taylor for any complaints. firstname.lastname@example.org, (972-377-8199).
Business Professionals' Network, Inc. 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: www.nasbaregistry.org
Group Internet Based
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