2024 Topic 842 - Implementing Leases Workshop
Total Credits: 4 including 4 Accounting - Technical
- Average Rating:
- Not yet rated
- Categories:
- ACPEN Industry Institute | Accounting and Auditing
- Faculty:
- Melisa F. Galasso
- Course Levels:
- Intermediate
- Duration:
- 4 Hours
- License:
- Product Setting: Expires 30 day(s) after program date.
Description
This updated course offers an in-depth look at the FASB leases standard (ASC 842), which requires organizations to recognize lease assets and liabilities on the balance sheet. This comprehensive course will cover recognition, measurement, presentation, and disclosure requirements, while also focusing on a critical area of change which is the proper identification of a lease using a principles-based approach. We will discuss implementation requirements from both the lessee and lessor accounting models.
In addition, we explore a variety of scenarios, including short-term leases, purchase options, variable lease payments, and remeasurement. This course offers practical journal entry examples, lessons learned from implementation, and explores recently issued amendments to the lease accounting guidance.
Basic Course Information
Learning Objectives- Define a lease under the new leases standard
- Apply recognition and measurement requirements of the new leases standard
- Describe the presentation and disclosure requirements of the new leases standard
- Prepare journal entries necessary to account for leases as both a lessee and lessor
Major Subjects
- Leases
- Topic 842
- Recognition & Measurement
Course Materials
| Important CPE Credit Instructions_READ BEFORE WEBCAST UPDATED (442.7 KB) | Available after Purchase | ||
Faculty
Melisa F. Galasso Related Seminars and Products
Founder and CEO
Galasso Learning Solutions LLC
Melisa Galasso is the founder and CEO of Galasso Learning Solutions LLC. A CPA with nearly 20 years of experience in the accounting profession, Melisa designs and facilitates courses in advanced technical acconting and auditing topics, including not-for-profit and governmental accounting. She also supports essential professional development, audit level training, and train the trainer efforts. Melisa is a Certified Professional in Talent Development (CPTD) and has earned the Association for Talent Development Master Trainer™ designation. Her passion for instructional design and adult learning techniques is one of the differentiators that set her apart from other CPE providers. Within the industry, Melisa serves on the FASB’s Not-for-Profit Advisory Committee (NAC), AICPA Council, and the VSCPA’s Board of Directors. She previously served on the AICPA’s Technical Issues Committee (TIC) and is a past-Chair of the NCACPA’s A&A committee. Melisa also authors the AICPA’s State and Local Government Guide and serves as a SME for the Center for Plain English Accounting.
Dates
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Mon, May 13, 2024 - 12:00pm to 04:00pm EDT
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Thu, May 30, 2024 - 06:00pm to 10:00pm EDT
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Tue, Jun 11, 2024 - 04:00pm to 08:00pm EDT
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Fri, Jun 21, 2024 - 10:00am to 02:00pm EDT
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Sat, Jun 29, 2024 - 12:00pm to 04:00pm EDT
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Wed, Jul 10, 2024 - 02:00pm to 06:00pm EDT
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Tue, Jul 30, 2024 - 06:00pm to 10:00pm EDT
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Fri, Aug 16, 2024 - 10:00am to 02:00pm EDT
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Thu, Aug 29, 2024 - 12:00pm to 04:00pm EDT
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Tue, Sep 03, 2024 - 06:00pm to 10:00pm EDT
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Sat, Sep 21, 2024 - 04:00pm to 08:00pm EDT
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Tue, Oct 01, 2024 - 10:00am to 02:00pm EDT
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Mon, Oct 14, 2024 - 12:00pm to 04:00pm EDT
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Sat, Nov 09, 2024 - 02:00pm to 06:00pm EST
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Wed, Nov 27, 2024 - 04:00pm to 08:00pm EST
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Tue, Dec 03, 2024 - 06:00pm to 10:00pm EST
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Thu, Dec 12, 2024 - 12:00pm to 04:00pm EST
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Sat, Dec 21, 2024 - 02:00pm to 06:00pm EST
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Wed, Jan 08, 2025 - 04:00pm to 08:00pm EST
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Sat, Jan 25, 2025 - 10:00am to 02:00pm EST
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Tue, Feb 04, 2025 - 12:00pm to 04:00pm EST
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Mon, Feb 17, 2025 - 02:00pm to 06:00pm EST
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Fri, Mar 14, 2025 - 04:00pm to 08:00pm EDT
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Tue, Mar 25, 2025 - 06:00pm to 10:00pm EDT
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Sat, Apr 12, 2025 - 12:00pm to 04:00pm EDT
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Tue, Apr 29, 2025 - 02:00pm to 06:00pm EDT
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Additional Info
Basic Course Information
Prerequisites Prior experience with Topic 842Advanced Preparation None
Designed For Accounting professionals
Original Recording Date 05/01/2024
Course Developer Galasso Learning Solutions LLC
Date Added to Catalog 1/22/2024
Yellow Book No
Additional Information
Complaint Resolution PolicyPlease contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Official Registry Statement
Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Instructional Delivery Method
Group Internet Based
Course Registration Requirements
Online Registration
Refund/Cancellation Policy
Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.