CPE: 1 hours
Category: Accounting & Auditing
Advanced prep: None
Who should attend: CPAs, auditors, consultants, and financial and management professionals.
Leasing is a popular form of capital investment and almost every corporation, including nonpublic entities, has some type of leasing arrangement. We'll take a look at various topics, including the treatment of accounting for leases; transition and disclosure requirements; relief given to nonpublic entities; and any new developments stemming from the FASB and IASB joint project dealing with leases and the goal of capitalizing both the Right-of-Use Asset and the Lease Liability.
- Identify the treatment of accounting for leases by the lessees.
- Deternine the transition and disclosure requirements summarized, including the relief given to nonpublic entities.