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Course Level :Basic
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Credits :2
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Instructional Method :Group Internet Based
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Pre-requisites :None
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Advance Preparation :None
The purpose of ASC 842 is to bring most
operating leases, which are currently accounted for on off-balance sheets, onto the
balance sheet. As a result, ASC 842 changes the definition of a lease. Through
this Accounting CPE webinar find out how to make sense of this complicated
standard and develop strategies for overcoming unforeseen challenges in the
implementation process
The new lease standard needs to be
implemented by non-public entities for years ended December 31, 2022.
Implementing the standard will affect almost all balance sheets which could
impact creditor analysis, loan covenants, and performance indicators. This CPE
course will focus on the important concepts of the standard including, what
constitutes a lease, determining financing leases, how to determine the lease
term, the computation of the capitalized amount, and related party leases. A
follow-up course will be offered on issues involved in implementing the
standard.
Major topics covered in this Accounting CPE webinar:
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.
Director, Kenneth Heaslip CPA
Kenneth Heaslip, MS, MBA, CPA, CGMA, licensed as a CPA in New Jersey, has extensive experience teaching all levels of accounting, auditing, and in other practice-related areas. He is an active member of the New Jersey Society of CPAs where he has served as Vice President, Trustee, Chapter President, Committee Chair and Task Force Chair. Kenn currently serves on the NJCPA Professional Conduct Committee and is a Director at Cullari Carrico LLC, a regional CPA firm in Northern New Jersey.
Kenn has been a Professor of Accounting at several universities including Seton Hall where he was the students’ choice as “Educator of the Year” two years in a row, and in the Executive MBA programs of Rutgers University and Stevens Institute. He was recently a visiting professor at Mercy College. He previously was the National Director of the Becker CPA Review in charge of all course materials and instruction.
Kenn earned his B.A. from Rutgers University and has an MS in Taxation and MBA in Finance from Seton Hall University.
Cullari Carrico, LLC is a well-established quality certified public accounting firm. For decades, our partners have offered a fully diversified range of services and expertise to both business and individual clients.
Our firm provides complete tax, accounting, auditing, management and personal consulting services to a wide range of businesses as well as individual clients. We have concentrated knowledge in numerous areas including real estate management and construction, manufacturing and wholesale distribution, private schools for students with disabilities, medical and health care, veterinary, non profits, hospitality and various other service industries. In addition, we also provide advisory services.
We are proud to have received the highest possible ranking from the Peer Review Program of the American Institute of Certified Public Accountants. This places our firm amongst the leaders of our industry. Our dedicated professional staff are at your service to address all your business and personal tax needs.
In the September 2020 issue of Accounting Today, Cullari Carrico, LLC was named as, “2020 Best Accounting Firms to Work For.”
3 Ratings
2 Credits
Subject Area
May 19, 2022 | 09:00 AM EDT
May 19, 2022 | 09:00 AM EDT
May 19, 2022 | 10:00 AM EDT
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