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ASC 842: Lease Incentives

4.6 (106)

Justin Shemaria, CPA, MBA

LeaseQuery, LLC

Wednesday, July 22, 2020 | 01:00 PM EDT

  • CPA

1 Credit


Subject Area


Webinar Qualifies For

1 CPE credit of Accounting for all CPAs

1 General Educational credit for Tax Professionals / Bookkeepers / Accountants

Course Description

Lease accounting experts Justin Shemaria, CPA and Dave Buchanan, CPA will discuss lease incentives and their effect on consideration in a contract under ASC 842. They will also discuss leasehold improvements as one of the most common lease incentives seen in practice. The presentation will include step-by-step examples of accounting for lease incentives paid at commencement and payable at commencement.

Learning Objectives

  • To Identify lease incentives and their effect on consideration in a contract
  • To recall whether a leasehold improvement represents a lessor asset or a lessee asset
  • To recall accounting treatment of lease incentives paid at commencement of lease agreement
  • To identify the accounting for leases under ASC 842

Who Should Attend?

  • Accountant
  • Accounting Firm
  • Accounting Managers
  • Bookkeeper
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • CPA in Business
  • Entrepreneurial Accountant
  • Entrepreneurial CPA
  • Senior Accountant
  • Tax Accountant (Industry)
  • VP Accounts
  • Young CPA


    [no_of_record] => 106
    [average] => 4.6132