In this Zoom live video conference, participants will learn the to implement the new lease standard by recording lease assets and liabilities on balance sheets for all leases with a lease term of more than 12 months.
The new lease standard will be a key focus of peer reviews in 2022 and 2023. This course is a hands-on course that shows you how to implement the standard with numerous examples and a case study. After taking this course students will be able to address the new lease standard in ASU 2016-02 (ASC842) and its implementation requirements for non-public entities. This program is ideal for CPAs, EAs, CFPs, and other financial practitioners.