Whether you're responsible for financial reporting or auditing of financial statements prepared in accordance with U.S. GAAP, you need to make sure you understand the requirements of ASC 842. This CPE-eligible, eLearning course (2.0 CPE) provides you with an overview of accounting for leases including: Identifying “embedded leases” within contracts; determining the lease term, lease payments, and appropriate discount rate; and classifying leases held by both lessees and lessors. The online course concludes with a high-level overview of the accounting for lease by both lessees and lessors.