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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.
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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.
This new standard brings most
operating leases, which were accounted for off-balance sheet under the previous
leases standard ASC 840, onto the balance sheet. That's why the question of
whether a contract is within the scope of leases or not is essential to be
considered.
Maintaining
lease accounting compliance is complicated.
ASC 842 is not a one-and-done
disclosure; it is a whole new approach to accounting with a much higher level
of scrutiny. Leases are dynamic. Terms change all the time as businesses take
on new spaces, scale back and/or renegotiate leases. To stay compliant with ASC
842, you must account for every change. But without the proper knowledge and
tools, businesses will run into challenges with staying compliant.
In
this CPE webinar, we will take a closer look at how to remain compliant after
adoption – and how to handle lease re-measurements, modifications, and
terminations.
Technical Accounting Director, Visual Lease
Executive Director, GAAP Lab
Bruce is the Executive Director of GAAP Lab. He specializes in solving his clients’ complex, ambiguous and controversial technical accounting problems. In particular, he has helped more than 45 public and private companies implement the new accounting standards for leases (ASC 842 and IFRS 16).
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.
86 Ratings
Excellent
45
Very Good
32
Average
8
Poor
1
Terrible
0
SBH
Mar 22nd, 2022
My overall experience was that the instructor was very knowledgeable and provided everyone with the tools need to move forward with ASC 842 compliances.
TB
Mar 23rd, 2022
It went a little long - so i think it could have gone longer.
GH
Mar 22nd, 2022
I always like it when presenters “tag team”.
AM
Mar 22nd, 2022
Wonderful webinar
RH
Mar 22nd, 2022
The material was pretty boring and the presenters just read from a screen. Kind of monotonous and hard to stay focused.
1 Credit
Add to WatchlistThis 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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3. What's the basis for credit issuance?
A: Credits are issued on a 50-minute credit hour basis.
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A: The polling feature is only supported on the Zoom desktop and mobile app. You can provide responses in the chat if needed.
5. Are these live events or recordings?
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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