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2024 Topic 842: Understanding the New Lease Accounting Standard

Overview

It’s a whole new world for lessees under ASC topic 842.  Soon nearly all leases will need to be disclosed as a liability on the balance sheet – from buildings right down to autos and copiers.  Although the greatest impact will be on large entities, this will affect the financial statements of small and mid-size entities as well.  This program will dive into the new standard on leases, effective dates, and address what you need to know now.

Prerequisites

None

Objectives

  • Apply the new financial accounting concepts of leases
  • Gain a working knowledge of accounting rules as they apply to leases

Highlights

  • What is a lease?
  • Recognition and measurement of lease assets and liabilities
  • Impact on lessors and lessees
  • Disclosures and transition rules
  • Effective dates

Register Now

Materials are generally available 3 days in advance of an event. Once you have downloaded the manual, we are unable to cancel your registration.

Event Code:

6092728

2 CPE Credits
Accounting: 2 Credits

Registration

Member Price:
$79
Non-member Price:
$109

Registration is open through 12/31.

Tuesday, December 31st

9:00am to 11:00am

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Instructor

Chris Harper