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What You Need to Know About ASC 842, Leases (NLS1)

Provider: Surgent Accounting and Financial Education

Accounting 1 CPE Credits Intermediate QAS self study
With the effective date of ASC 842, Leases, right around the corner, companies are running out of time develop their implementation plans. In this one-hour overview course, we’ll review the key accounting aspects of ASC 842, primarily from a lessee’s perspective. The course will review lease classification, measuring and recording lease liabilities and related assets, and subsequent accounting for both finance and operating leases. The course will also discuss transition accounting for ASC 842 and provide examples of the new disclosures required under the new standard. This course is the one-stop shop to get all the basic information about this standard before it’s too late.

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