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LeaseCrunch: ASC 842 Overview

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Before starting this self study program, please go through the instructional document.

The topic is also scheduled as live webinar on the following dates

Oct 28, 2021 | 02:00 PM EDT Register
Nov 30, 2021 | 02:00 PM EDT Register
Dec 28, 2021 | 02:00 PM EDT Register

Overview

  • What does ASC 842 accomplish?
    6 mins
  • ASC 840 to ASC 842: Differences and Similarities
    15 mins
  • Policy Elections
    19 mins
  • Transition: Office Space Operating Lease
    30 mins
  • Office Space Operating Lease
    39 mins

Course Description

The new lease standard requires more from lessees. Now is the time to start learning about and getting ready to implement ASC 842.

In this online continuing education course, we’ll cover some of the key terms for ASC 842, how to calculate the ROU asset and more. Knowing that the lease standard goes into effect in late 2021, we’ll talk about what it will take to gather your lease portfolio, get started analyzing those leases, and review contracts for embedded leases. We’ve pulled together a list of real-world lease examples and we’ll talk about how to calculate the lease liability, ROU asset and discuss practical expedients. 

    This online CPE webinar is a part of a wide range of webinars from LeaseCrunch.

    Learning Objectives

    • To understand how to calculate the ROU asset
    • To identify the practical expedients
    • To understand how to review leases and get ready for implementation

    Who Should Attend?

    • Accounting Firm
    • Accounting Managers
    • Accounting Practice Owners
    • Auditors
    • Bookkeepers & Accountants & Tax Preparers
    • Certified Management Accountant
    • Certified Public Accountant
    • CFO/Controller
    • Chief Accounting Officer
    • CPA (Industry)
    • CPA - Large Firm
    • CPA - Mid Size Firm
    • CPA - Small Firm
    • CPA in Business
    • Director of Accounting
    • Director of Financial Reporting
    • Young CPA

    Testimonial

    4.5

    (224)
    64%
    27%
    9%
    0%
    0%

    PN

    Very good program, will need to watch twice for full comprehension.

    EP

    Great info!

    BF

    definitely learned a bit more about 842 watching this webinar.

    RS

    n/a

    HL

    I have learned the basic concept of ASC 842!

    MK

    The CPE was a bit too high level for me. Was looking for something geared more towards beginners to leases.