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1 CPE credit of Accounting for all CPAs
1 CPE credit for Certified Management Accountants (CMA)
1 General Educational credit for Tax Professionals / Bookkeepers / Accountants
consolidating foreign subsidiaries
revenue recognition considerations for not-for-profit entities
5 ways covid-19 will forever change our risk thinking
ethics and conducts for ohio cpas
ethics and conduct for new hampshire cpas
virginia cpa ethics: 2020 required course
erp - what every cfo should know about implementing a new erp
change management being a catalyst cfo
capital budgeting analysis that improves long-term roi
best practices for a quicker financial close
schedule c - form 1040
qbo: banking feed and reconciling - make rules & automate
quickbooks: tricky situations
credit cards in qbo - seamless payments from client
the principles of ethical leadership
The new Accounting Standards Codification (ASC) Topic 842, leases, issued to replace the previous leases standard ASC 840. Thanks to the now required implementation of ASC 842, which demands that lessees record nearly all leases on their balance sheets, public businesses are now seeing their balance sheets “blowing up.” It’s not just public businesses, as non-public companies are being put on notice for an upcoming effective date of their own ASC 842 mandates.
This standard became effective from the calendar year started on January 1, 2019, for the public companies. For private companies, the standard will be effective from the calendar year beginning January 1, 2020. ASC Topic 842 will substantially alter how companies account for leases in their financial statements. This new standard brings most operating leases, which were accounted for off-balance sheet under the previous leases standard ASC 840, onto the balance sheet. That's why the question of whether a contract is within the scope of leases or not is essential to be considered. This webinar discusses the definition of the lease and the criteria that must be met for a contract to constitute a lease agreement.
This course guides the audience to correctly identify whether a contract is a lease or contains a lease and explains how to distinguish it from the other non-lease service contracts. Under this standard, lease identification is a critical process; this course will analyze this process step-by-step, providing practical examples, which will clarify the implementation issues associated with that process.
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.
Chief Financial Officer, Massaleh Investment Co.
Moataz has over 15 years of accounting,
budgeting, auditing, consolidated financials, IFRS, US GAAP, and other aspects
of the financial field.
Moataz began his career as an external auditor
for a member firm of an international association providing audit &
assurance services worldwide, working with various clients in the education,
investment, automotive, constrictions, oil, and manufacturing sectors in the
State of Kuwait.
Since 2013, Moataz has held executive positions
in Kuwaiti stockbrokers' companies and investment groups.
Moataz gained his experience from solving
day-to-day work problems, helping entities implement proper accounting systems;
thus, he can support the theoretical topics with practical cases, allowing the audience
to realize the maximum benefit from attending his courses.
Moataz holds a bachelor's degree in Accounting
from Alexandria University, Egypt, certified in IFRS from the Association of
Chartered Certified Accountants, London, UK. Also, he is a Certified Public
Accountant (CPA) licensed in North Dakota, USA.
CS
Charles Seltman ,
Jan 19th 2021
Almost too elementary. Started off as though we know nothing about leases. Also speaker spoke too quietly - had to have volume all the way up - or not close enough to the microphone. I put that into the 'chat' and the volume did increase for the last half of the seminar.
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