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LeaseCrunch: Getting Started With Lease Accounting (ASC 842)

4.5 (130)

Jess Vento, MBA

LeaseCrunch

  • CFEs
  • CMA
  • CPA (US)
  • CVA

Published: May, 2021

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

Overview

  • Simplified
    5 mins
  • Overview of ASC 842
    7 mins
  • Before You Get Started
    17 mins
  • Identify the Lease Portfolio
    23 mins
  • Assess Current system
    37 mins

Course Description

The new accounting standard for leases, ASC 842 was issued to replace the previous lease standard ASC 840. Standard ASC 842 is already in effect for public companies and goes into effect in late 2021 for all other non-public organizations. This course will cover everything you need to know to get started with implementation including what to do before you get started, identifying the entire lease portfolio and analyzing current processes. We’ll also discuss current systems, planning for new systems and discussions with key stakeholders. Learn more with LeaseCrunch!

Learning Objectives

  • To explore how to get started with lease accounting under ASC 842:
  • To identifying the Entire Lease Portfolio
  • To review Lease Data
  • To explore the Business Processes for Leases: Review Current Processes, and Plan for New Processes
  • To assess the Current Systems

Who Should Attend?

  • Accountant
  • Accounting Firm
  • Accounting Managers
  • Certified Fraud Examiner
  • Certified Management Accountant
  • Certified Public Accountant
  • Certified Valuation Analysts
  • Cloud Accountants
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • CPA in Business
  • Entrepreneurial Accountant
  • Entrepreneurial CPA
  • Senior Accountant
  • Staff of Accounting Firm
  • Young CPA

Testimonial

4.5

(130)
56%
36%
8%
0%
0%

AK

Fantastic

MM

good lease info

MC

n/a

CW

na

HL

This course was effective and I learned a lot about ASC842.

CS

Great course on a popular topic