Date and Time: Tuesday, November 15, 11:00 am – 12:50 pm EST
Description: 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.
Learning Objectives:
- Apply the new financial accounting concepts of leases
- Gain a working knowledge of accounting rules as they apply to leases
Major Subjects:
- What is a lease?
- Recognition and measurement of lease assets and liabilities
- Impact on lessors and lessees
- Disclosures and transition rules
- Effective dates
Who should attend: Practitioners and members in industry seeking a better understanding of the new lease accounting rules effective for private companies.
Program Level: Basic
Developed by: Van Der Aa Tax Ed
Instructor: Chris Harper, CPA
CPE Credit: 2 hours
Field of Study: Accounting
Prerequisites: None
Advanced Preparation: None
Price: $59
Course Content
Christopher Harper, CPA, MBA
Chris is a CPA with the heart of a teacher. He is a clinical affiliate instructor of accounting with Grand Valley State University’s Seidman College of Business. He also serves as a senior manager and director of education for Hungerford Nichols CPAs + Advisors. Chris has been serving tax and accounting needs of closely held business and individuals since 1998
Course materials are only available to students enrolled in the course.