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It is what it advertised to be. Professional quality training and CPE tracking and certificates; systems knows AZ CPA CPE requirements and categories. I've needed help on several occasions and the assistance was quick and effective; however, there were some problems with data entry. The assistance sometimes asks for input, but when I try to type it is dissallowed for some reason. On several occasions I had to close the popup to get it out of my way.
Great customer service. Classes are pertinent. Great value
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The new
Accounting Standards Codification (ASC) Topic 842, leases, issued to replace
the previous leases standard ASC 840. Thanks to the now required implementation
of ASC 842, which demands that lessees record nearly all leases on their
balance sheets, public businesses are now seeing their balance sheets “blowing
up.” It’s not just public businesses, as non-public companies are being put on
notice for an upcoming effective date of their own ASC
842 mandates.
The new lease
standard requires more from lessees. Now is the time to start learning about
and getting ready to implement ASC 842. Knowing that the lease standard goes
into effect in late 2021, In this continuing education course, we’ll talk about
what it will take to gather your lease portfolio, get started analyzing those
leases, and review contracts for embedded leases. We’ve pulled together a list
of real-world lease examples and we’ll talk about how to calculate the lease
liability, and ROU asset and discuss practical expedients.
ASC Topic 842
will substantially alter how companies account for leases in their financial
statements. This online CPE webinar will prepare you for the financial
reporting challenges that the new guidance will impose on all financial
statement preparers.
This online continuing education course will mainly focus to give financial professionals a comprehensive understanding of the changes that the new pronouncement (ASC Topic 842) will make to the current accounting rules for leases. You’ll examine how the new rules will impact your financial statements, and you’ll gain practical guidance on how to apply the new rules to your company’s reporting situation.
Key topics covered in this ASC 842 online webinar are:
The impact of the new rules on financial reporting of income taxes and leases acquired in a business combination
Vice President, Finance, Occupier
Lauren Covell is a Certified Public Accountant who currently lives in St. Louis, Missouri. She started her career in the PwC audit practice. After PwC, she joined a consulting firm and assisted companies in navigating complex technical accounting matters and streamlined their monthly close processes. Prior to joining Occupier, she was responsible for implementing ASC 842 for a vast portfolio of retail and equipment leases at a high growth consumer products company. Lauren is also passionate about collaborating with others to optimize solutions and creating win-wins for every stakeholder in the process
Co-Founder, Occupier
Matt Giffune is the Co-Founder of Occupier, a software platform that helps your team stay in compliance with new lease accounting standards, drive better portfolio decisions, and track your deal pipeline. Matt lives in Boston, Massachusetts and spent a decade as a strategic tenant representation advisor at JLL, then as an early stage team member at VTS. He has a passion and vision for bringing commercial real estate online
Duration
Course Level
Instructional Method
Pre-requisites
Advance Preparation
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.
1277 Ratings
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91
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CM
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
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
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
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
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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Accounting
This course is set to be rescheduled shortly. Please fill out the short form below, and we'll let you know as soon as the course becomes available
1. How can I earn Continuing Education credits for live webinars?
A: To earn credits, you must register for the webcast before it begins. Attend the entire live webinar and respond to polling questions if supported.
2. When will I receive my Continuing Education Credit Certificate?
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A: Some events may be recorded, but instructors will be available for questions during/after the webinar.
6. Do myCPE courses meet professional standards?
A: Yes, myCPE meets global Continuing Professional Development (CPD-IES7) standards for various accounting and financial professions. Confirm with your licensing organization if needed.
7. Where can I manage my certificates and credits?
A: You can manage them through your certificate dashboard when logged into your account.
8. Is myCPE accredited for Continuing Professional Education in the United States?
A: Yes, myCPE is accredited by various professional organizations, making it suitable for fulfilling continuing education requirements.
9. Who can take myCPE courses?
A: myCPE courses are suitable for professionals with 100+ designations, including CPAs, CMAs, CFAs, and more.
10. What's the refund and complaint resolution policy?
A: To learn about the refund and complaint resolution policy, click here for details.
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