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Courses/Accounting & Tax/Accounting

FASB’s New Lease Accounting Standards

Gain a working knowledge of accounting rules as they apply to leases and learn how to apply the new financial accounting concepts of leases.

Created byChris Harper
4.5
(51 reviews)
IntermediateUpdated Sep 27, 2022
FASB’s New Lease Accounting Standards

What You'll Learn

check_circleApply the new financial accounting concepts of leases
check_circleGain a working knowledge of accounting rules as they apply to leases
check_circleRecognition and measurement of lease assets and liabilities
check_circleUnderstand the Impact on lessors and lessees and types of leases
check_circleLearn about the Disclosures and transition rules
check_circleExplore the aspects of capitalization of different types of leases
check_circleIdentify the good points of financial leases along with other lease types.
check_circleLearn when and how to do the classification of leases and possible modifications to them

About This Course

It’s a whole new world for lessees under ASC topic 842. Soon nearly all leases will need to be disclosed as a liability on the balance sheet – from buildings right down to autos and copiers. Although the greatest impact will be on large entities, this will affect the financial statements of small and mid-size entities as well. This program will dive into the new standard on leases, effective dates, and address what you need to know now.

Field of Study: Accounting

Your Instructor

Chris Harper
Chris Harper
menu_book24 courses
star3,218 reviews

Dr. Christopher Harper, CPA, MBA – Chris is a CPA with the heart of a teacher. He is an assistant professor of accounting with Grand Valley State University's Seidman College of Business. He also serves as a senior manager and director of education for Hungerford CPAs & Advisors. Chris has been serving tax and accounting needs of closely held business and individuals since 1998.

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What Students Are Saying

4.5
Student's Choice
51 reviews

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