CPE Packages (Incl. Ethics) for Multiple States and Qualifications Available. Price $4/credit - CLICK HERE to view.

LeaseCrunch: About the New Lease Standard

4.5 (257)

Ane Ohm, CPA (US)


Wednesday, July 21, 2021 | 03:00 PM EDT

  • CPA (US)
  • CVA
  • CFE

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 Certified Valuation Analyst (CVA)

1 CPD credit (Verifiable) for CPA/ABV

1 General Educational credit for Tax Professionals / Bookkeepers / Accountants

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

Click Here

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. 

Recommended for: 

This online CPE webinar for CPAs is recommended for Accountants who want to update their knowledge and skills

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
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Young CPA


    [no_of_record] => 257
    [average] => 4.5292




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