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Advanced ASC 842 Lease Accounting for Lessees

Ratings and Review

4.5

1277 Ratings

Excellent

803

Very Good

374

Average

91

Poor

6

Terrible

3

CM

Chelsea Moran, CPA (US)

Dec 15th, 2021

On comment I had. At the beginning you said that the interest rate would not impact the income statement. But that is not necessarily true. Because the lower the interest rate, the more likely you are to have finance leases and that difference between operating and finance classification would impact the income statement. Also hard to do a restatement example without info from the first one. I deleted as I went so I could not fully participate. But my company has been live for awhile so it was not a big deal. Just a thought for future webcasts. Wish something like this was available when we started 3/4 years ago- would have made my job a lot easier.

HK

Hye-ok Karlson, CPA (US)

Sep 30th, 2021

Instructor's speaking style and pacing was really engaging and interesting. Her excel file had precisely the right formulas to automatically & easily calculate ASC 842 schedules & JE's. I liked that she gave us "class work" to calculate the various numbers for ASC 842 accounting including JE's & went over the correct process after giving us time to work it out on our own. Extremely informative. This was the best format I could have hoped for.

BB

Beth Bauman, CPA (US)

Jul 21st, 2021

It was at far too fast a pace for my level of technical knowledge. But the content was excellent and one which I will refer to again and again in order to increase my level of technical understanding. I would appreciate having the recording available as well as the handouts in order to refer to it again and again. Repetition is always a good thing when learning a new pronouncement!

KH

Kari Holt,, CPA (US), EA

Apr 6th, 2022

A complex topic covered in just 1.5 hours. Given the complexity, I would definitely recommend taking Lauren's Introduction to ASC 842 1 hour course first. I feel like these 2 courses combined have prepared me really well to take on ASC 842 implementation across our firm. Thank you Lauren!

KH

Kari Holt,, CPA (US), EA

Oct 8th, 2021

Great, interactive training on a complex subject. I really enjoyed working through the case studies to enhance my understanding of the new lease accounting rules. I will definitely be using the excel templates provided. Thank you Lauren!

1.5 Credits

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Subject Area

Accounting

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