Webcast: FASB’s New Lease Accounting Standard (XPLAS17)
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 Export to Your Calendar 12/27/2017
When: 12/27/2017
8:00 - 12:00
Where: Via Webcast
CPE
1448620:129.00
United States
Presenter: Douglas J. Van Der Aa, CPA, JD


Online registration is available until: 12/26/2017
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Acronym XPLAS17
CPE 4 hours
Vendor ACPEN
Category
A&A
Level Intermediate
Prerequisite None
Adv Prep None
Yellow Book? No
Designed for CPAs working in public accounting firms and industry who seek a better understanding of lease accounting rules.
Registration
Member $159
CPA Non-Member $209

The Member rate applies to LCPA members, other state society members, and non-CPA staff of LCPA members. To register online, use the ‘Register’ button above. To register by phone, call the LCPA Member Service Center at 800.288.5272 or 504.464.1040, Monday through Friday, 8am to 5pm.

It’s a whole new world for lessors and lessees under Accounting Standards Update No. 2016-02.  Soon nearly all leases will need to be disclosed on the balance sheet - from buildings right down to autos and copiers.  Although the greatest impact will be on large entities like Walgreens, this will affect the statements of small and mid-sized entities.  

Objectives

  • Apply the new financial accounting concepts in the lease setting
  • Gain a working knowledge of accounting rules as they relate to lease accounting
  • Discuss planning and potential pitfalls

Topics

  • What is a “Lease?”
  • Recognition and measurement of lease assets and liabilities
  • Impact on Lessors and Lessees
  • Disclosures and transition rules