Sale and Leaseback Transactions and Leveraged Leases

Overview

Hands-on guidance for sale and leaseback transactions 

What criteria are used to determine if a transaction is a sale and leaseback under FASB ASC 842, Leases?   

This course answers that question and also addresses: 

• The primary considerations with respect to a lessee’s involvement in construction of a leased asset 
• Changes to guidance for leveraged leases under FASB ASC 842

Objectives

• Identify the criteria used to conclude whether or not a transaction is a sale and leaseback.
• Differentiate between the accounting recognition of sale and leaseback transactions when a sale has or has not occurred.
• Identify the primary considerations with respect to a lessee’s involvement in construction of a leased asset.
• Recognize the changes to leveraged leases in FASB ASC 842.

Highlights

• Criteria used to determine if a transaction is a sale and leaseback

• Considerations with respect to a lessee’s involvement in the construction of a leased asset • Practical applications of leveraged leases

 • Examples of real-life scenarios

Designed For

Accountants in practice and industry

Prerequisites

Experience in application of accounting standards