CPE PACKAGES (Incl. Ethics) for Multiple States and Qualifications @ $4/credit. CLICK HERE to view.

LeaseCrunch: Lease Accounting Software Rollout Tips

  • CIA
  • CMA
  • CPA (US)
  • IAP
  • QIAL
LeaseCrunch: Lease Accounting Software Rollout Tips

1 Credit

FREE

Subject Area

Accounting

Webinar Qualifies For

1 CPE credit of Accounting for all CPAs

1 CPE credit for Certified Management Accountants (CMA)

1 CPE credit for Certified Internal Auditors (CIA)

1 CPE credit for Qualification in Internal Audit Leadership (QIAL)

1 CPE credit for Internal Audit Practitioner (IAP)

1 General Educational credit for Tax Professionals / Bookkeepers / Accountants

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

Click Here

Course Description

For public companies, the new lease accounting standard is already in place. For non-public companies, the standard goes into effect for fiscal years starting after 12/15/21. Now is the time to learn about what it will take to implement the standard and prepare your lease portfolio.

This online CPE course will cover a brief overview of ASC 842 including implementation dates, key terms, differences and similarities between ASC 840 and ASC 842. We’ll cover what to look for when selecting lease accounting software and what to get ready before implementation including policy elections, determining your initial application date, discount rates and more.

Learning Objectives

  • To discuss key dates related to ASC 842
  • To identify key terms related to ASC 842
  • To identify the policy elections to be made when implementing ASC 842
  • To evaluate how ASC 842 impacts your business
  • To review how to recognize a Right-Of-Use Asset and Lease Liability under ASC 842
  • To provide an implementation framework to ease your team's transition

Who Should Attend?

  • Accountant
  • Accounting and audit managers/practitioners
  • Accounting Firm
  • Accounting Managers
  • Accounting Practice Owners
  • Accounts Director
  • Auditors
  • Bookkeepers & Accountants & Tax Preparers
  • Certified Management Accountant
  • CPA (Industry)
  • CPA - Large Firm
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Senior Accountant
  • Staff of Accounting Firm
  • Young CPA

Testimonial

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    [average] => 4.3913
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4.4

(138)
55%
30%
13%
1%
0%

SP

It was refreshing to take a technical class that helps with debits and credits-complex topics often leave the actual work to conjecture! Thank you for making this topic easy to put into practice.

PY

The material was not really relevant to my practice, but I found the presentation exceptionally well done. The explanations were very clear and straightforward, the slides very illustrative of the situations being address, and the speakers quite knowledgeable and precise in their presentation.

SC

I really appreciated the instructors answer individual-specific examples/questions and providing additional resources where you can look for technical accounting guidance on their site and blogs.

LS

Honestly - this webinar was one of my favorites. I like how it took a high level approach to the new lease standards but then actually applied them with lease incentives. I feel like I learned a lot.

MC

Glad they have easy-to-follow examples and T accounts. Great tips didn't realize the implementation required to meet this standard.

JP

Good.