Leases: Changes After the Commencement Date
Provider: GAAP Dynamics
Length: 60 minutes
Accounting
1 CPE Credits
Intermediate
QAS self study
You've got the lease recorded on the balance sheet under ASC 842, but you're not done. You need to be on the lookout for certain events that occur after the lease commencement date that may require you to reassess key estimates and judgments about leases, as well as to remeasure lease payments. A lease modification is one such event, but it's not the only one! Don't panic! This CPE-eligible, eLearning course (1.0 CPE) covers these things, as well as walks you through the accounting for lease modifications and terminations by both lessees and lessors. And, as always, there are plenty of examples and activities to keep you engaged!