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LeaseCrunch: About the New Lease Standard

  • CMA
  • CPA (US)
  • CVA
  • CFE
LeaseCrunch: About the New Lease Standard

1 Credit


Subject Area


Webinar Qualifies For

1 CPE credit of Accounting for all CPAs

1 CPE credit for Certified Management Accountants (CMA)

1 CPE credit for Certified Fraud Examiners (CFEs)

1 CPD credit (Verifiable) for CPA/ABV

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

1 General Educational credit for Tax Professionals / Bookkeepers / Accountants

This Course is Also Available in Self Study (On-Demand)

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Course Description

ASC 842, Leases, fundamentally changed the accounting for leases. With increased transparency and comparability being the goal of the standard by the Financial Accounting Standards Board (FASB), nearly all leases are required to be recognized on the balance sheet.

This course will cover the ASC 840 to ASC 842 Differences, Similarities, and Timeline. We'll also cover surprises with the New Lease Standard including embedded leases, Real Estate Leases and Related parties. We'll provide a summary of practical expedients, as well. Once you've completed this course, you'll know what common mistakes to avoid when implementing ASC 842 and tips to simplify the process of implementation.

Learning Objectives

  • To identify the Differences and Similarities of ASC 840 and ASC 842
  • To understand the Surprises that come from the New Lease Standard
  • To understand Common Mistakes to Avoid
  • To understand the Unexpected Business Impacts of the change in lease standard
  • Tips to Simplify Implementation

Who Should Attend?

  • Accountant
  • Accounting Firm
  • Accounting Managers
  • Certified Fraud Examiner
  • Certified Management Accountant
  • Certified Valuation Analysts
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Young CPA





While I currently don't work with leases in my current advisory role, it's good to keep up on changes. The presenter was enthusiastic and knowledgeable about leases, and I enjoyed listening to her presentation. It was information and broke the new requirements down in a manner that was easy to understand and follow.


Excellent presenter!!! She was very good at explaining leases. She did not just read the slides, but presented great information in addition to the valuable information on the slides. I highly recommend this webinar and instructor.


Very good. Better than many of the other software providers that have done 842 trainings.


The instructor seemed to know her subject very well, she detailed experiences similar to my own when converting to the new accounting standards.


This was one of the best webinars I've attended on the new lease accounting standard. It was full of practical advice that will be helpful during implementation.


Great presentation by the instructor, covered the major highpoints of the impacts of the pronouncements