LeaseCrunch: Critical Decisions under the New Lease Standard

4.6 (42)

Ane Ohm, CPA

LeaseCrunch

Thursday, April 08, 2021 | 01:00 PM EDT

  • CFE
  • CPA
  • CVA
  • CMA

1 Credit

FREE

Subject Area

Accounting

Webinar Qualifies For

1 CPE credit of Accounting for all CPAs

1 CPE credit for Certified Fraud Examiners (CFEs)

1 CPE credit for Certified Management Accountants (CMA)

1 CPD credit (Verifiable) for Certified Valuation Analyst (CVA)

1 General Educational credit for Tax Professionals / Bookkeepers / Accountants

Upcoming Webinars

understand salt compliance, economic nexus, wayfair case in the new era of e-commerce

(13)

Mar 18, 2021 | 03:00 PM EDT View Details

how non-profit endowment funds work: donor interest, organizational policies and trends

(50)

Mar 30, 2021 | 11:30 AM EDT View Details

qbo for accountants -tips and tricks course

(30)

Apr 12, 2021 | 09:00 AM EDT View Details

excel accountant: quickbooks analysis part 1

(6)

Apr 12, 2021 | 09:30 AM EDT View Details

debt forgiveness and section 108

(351)

Apr 12, 2021 | 09:30 AM EDT View Details

irc 199a: 2 years in – key overlooked planning initiatives

(9)

Apr 12, 2021 | 09:30 AM EDT View Details

legal and financial planning strategies for immigrants in the us

(77)

Apr 12, 2021 | 10:00 AM EDT View Details

accounting & auditing in a covid world

(22)

Apr 12, 2021 | 10:00 AM EDT View Details

applying the dynamic nature of the coso framework

(10)

Apr 12, 2021 | 10:00 AM EDT View Details

comprehensive review of costing best practices

(5)

Apr 12, 2021 | 10:00 AM EDT View Details

corporate external financial reporting decisions

(37)

Apr 12, 2021 | 10:00 AM EDT View Details

fraud update - latest

(46)

Apr 12, 2021 | 10:00 AM EDT View Details

basis calculations & distributions for pass-thru entity owners schedule k-1 analysis (latest)

(84)

Apr 12, 2021 | 10:00 AM EDT View Details

elder care planning in 2020: the cpa as a key figure

(283)

Apr 12, 2021 | 11:00 AM EDT View Details

annual federal tax update - individuals (form 1040)

(220)

Apr 12, 2021 | 08:00 AM PDT View Details

Additional Dates

Apr 21, 2021 | 02:00 PM EDT Register

Course Description

The new accounting standard for leases, ASC 842 was issued to replace the previous lease standard ASC 840. Standard ASC 842 is already in effect for public companies and goes into effect in late 2021 for all other organizations.  

This online Lease CPE webinar will cover the critical decisions required under the new lease standard. We’ll cover implementation decisions related to discount rates, how to handle existing balances, leasehold improvements, related parties, materiality and embedded leases. For these decisions, we’ll include practical expedients and mistakes to avoid. This course will also include ongoing decisions related to the lease standard like fair value, economic life and separating lease and non-lease components. 

This online CPE webinar covers key topics: 

A) what decisions should be made at implementation related to:

  1. Discount rates
  2. Existing balances
  3. Leasehold improvements
  4. Related parties
  5. Materiality
  6. Embedded Leases

B) Understand relief available at the implementation for 

  1. Fair Value
  2. Economic Life
  3. Separating Lease and Nonlease Components

 Recommended for: 

This online webinar is recommended for accounting and attestation practitioners at all levels in both public accounting and private industry who want to learn about Lease accounting. 

Learning Objectives

  • To discuss the critical decisions required under the new lease standard.
  • To discuss implementation decisions related to discount rates
  • To explain how to handle existing balances, leasehold improvements, related parties, materiality and embedded leases.
  • To explain with the help of practical expedients
  • To examine ongoing decisions related to the lease standard like fair value, economic life and separating lease and nonlease components.

Who Should Attend?

  • Accountant
  • Accounting Firm
  • Accounting Managers
  • Bookkeepers & Accountants & Tax Preparers
  • Certified Fraud Examiner
  • Certified Management Accountant
  • Certified Public Accountant
  • Certified Valuation Analysts
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Senior Accountant
  • Staff of Accounting Firm
  • Young CPA

Testimonial

4.6

(42)
64%
33%
2%
0%
0%

JP

Found the topic interesting.

JC

great!

KM

Very information material, shared in an exciting way!