Lessee and Lessor Accounting
Available Until Tuesday, April 30, 2024
Online
3.00 Credits
Member Price $69.00
Non-Member Price $89.00
Overview
What you need to know about the lessee and lessor accounting models
This course explains the lessee accounting model, including
- Lease and non-lease components
- Lease classification
- Amortization of the right-of-use asset
- Interest on the lease liability
This course also explains the lessor accounting model, including
- Transfer of risk
- Profit recognition
- Collectibility
Included in this course are detailed and illustrated examples with amortization tables and journal entries.
Objectives
- Recognize lessee accounting requirements for operating leases and finance leases under FASB ASC 842.
- Recognize lessor accounting requirements for sales type, direct financing, and operating leases under FASB ASC 842
Highlights
- Lessee and lessor accounting models
- Lease and non-lease components
- Lease classifications
- Initial and subsequent measurement of leases
Designed For
Accountants and finance professionals
Prerequisites
Experience in application of accounting standard
Non-Member Price $89.00
Member Price $69.00
Registration for this event is closed.