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Course Level :Basic
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Credits :1
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Pre-requisites :None
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Advance Preparation :None
Unlock the intricate world of lease accounting as a lessee through our comprehensive CPE course, designed to delve into the depths of lease transactions. It serves as your guide, in navigating the complexities of identifying lease arrangements, classifying leases into operating or finance categories, and comprehensively recognizing and measuring lease components within the GAAP framework.
The CPE Accounting course is structured to equip participants with an in-depth understanding of lease accounting principles. Starting with Part I - Identification, participants will journey through crucial steps, from identifying leases within contracts to evaluating substitution rights, decision-making rights, and the unique aspects of short-term leases. Real-world examples sourced from ASC 842 enrich the learning experience, providing practical insights into the intricate process of lease determination.
Moving on to Part II - Classification, the program navigates the distinct features differentiating finance and operating leases. Engage in scenarios and comprehensive reviews, solidifying your understanding of lease classifications within GAAP.
Finally, Part III - Recognition, guides participants through subsequent measurement methodologies, ensuring a comprehensive grasp of GAAP’s recognition requirements for leases. This section encapsulates the practical application of recognizing and measuring lease components, offering insights that enable participants to apply these principles effectively.
Join Kelen Camehl on this educational journey to master the complexities of lease accounting within GAAP. Enroll today to unravel the intricacies of lease identification, classification, and recognition, backed by real-world examples and practical applications from ASC 842. Elevate your expertise in lease transactions and unlock the intricacies of lease accounting as a lessee.
MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478
MY-CPE LLC (Sponsor Id#: 143597) 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.
Advisor, Kelen Camehl CPA
Kelen is a recognized author and reviewer of CPE courses and has authored over 85 courses (225+ CPE credit hours) covering a range of accounting, auditing, financial reporting, regulatory, and ethics topics. His courses are available for purchase from many online CPE providers including the AICPA. Kelen has also remained involved in CPA exam content development for nearly 10 years and has authored more than a thousand multiple choice questions for various sections of the CPA exam. He also serves as an Editorial Advisor for the AICPA’s "Journal of Accountancy".
Kelen has over 15 years of progressive finance and accounting experience. He currently serves as an Accounting Policy Consultant with HP, Inc. in Dallas, TX. Most recently he was located in Budapest, Hungary on a three-year international assignment and served in the company’s Houston, TX location prior to this assignment. Prior to HP, he served in multiple accounting roles in the oil & gas industry with ConocoPhillips including technical accounting policy, SOX compliance, and internal audit. He also gained public accounting experience with PricewaterhouseCoopers, working with various clients in the energy, electric, power, gas, and utility sectors.
25 Ratings
DK
Dec 16th, 2023
Well-written ebook. Good analysis of the issue.
