Course Information Course: Accounting for Leases
Course No. 24304
Delivery Method: Group Internet Live Webinar
Format: Online
Prerequisites: None

Program Level: Basic

CPE Credit: 8 Hours

Field of Study: Accounting

Overview

This course offers guidance and instruction for finance leases, operating leases, lessee accounting, lessor accounting, and lease classification. A special section includes detailed presentation of accounting and reporting by lessees

Topics

• History of lease accounting
• Identifying a Lease
• Lease Classification
• Finance Lease-Lessee
• Operating Lease-Lessee
• Lessor’s Side of The Lease Transaction
• Initial Measurement of Lease-Lessee
• ASU 2023-01 Leases: Common Control Arrangements
• Financial Statement Presentation Matters: Lessee
• Lots of Examples with Journal Entries

Objective

The participant should be able to identify basic concepts in lease accounting and demonstrate accounting and reporting by lessees and lessors