Lessee and Lessor Accounting
Online
2.00 Credits
Member Price $89.00
Non-Member Price $109.00
Overview
What you need to know about the lessee and lessor accounting models This course explains the lessee accounting model, including
This course also explains the lessor accounting model, including
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
Designed For
Prerequisites
Experience in application of accounting standard
Notice
You will receive an email from the AICPA with instructions to access the webinar.
Leader(s):
Leader Bios
Daryl Krause
Daryl G. Krause, CPA
Daryl has CPA certifications in several Midwestern states. Since 2008, Daryl has been a frequent CPE program leader/facilitator for the AICPA, Surgent, the Indiana CPA Society, and other state societies throughout the United States, as well as for in-house programs sponsored by firms and organizations. He was recognized as a Surgent Outstanding Discussion Leader during the 2023, 2021, 2020, and 2018 CPE seasons. He was also a recipient of a 2021 Outstanding Facilitator Award issued by the AICPA & CIMA. He is experienced in both live and virtual CPE training delivery. He has served in a variety of parts in the CPE delivery process, including performing technical content reviews, serving as author and contributing author to programs and technical publications, presenting webcasts for video recordings, and monitoring rebroadcasts of such webcasts. Daryl founded DG Krause LLC in 2005. DG Krause LLC performed employee benefit plan audit services from April of 2005 through October of 2023. Daryl served as the primary performer of these engagements as well as serving as the sign-off partner. Previously, he enjoyed 23 years of diversified responsibilities with Ernst & Young. Daryl served as an auditor for many industries, including manufacturing, construction, real estate, and financial services. Daryl’s roles included Ohio Valley Area Director of Employee Benefit Plan Services (in which he was responsible for overseeing the audit services provided to over 500 ERISA employee benefit plans each year for an eight-year period) and senior manager in the Entrepreneurial Services group. As a senior manager in EY’s National Professional Development group for a five-year period, he was involved in designing, developing, and delivering core curriculum Audit and Entrepreneurial Services CPE training programs for the entire U.S. practice. Mr. Krause holds a Bachelor of Business Administration degree in accounting from the University of Wisconsin-Oshkosh.
Non-Member Price $109.00
Member Price $89.00