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Live Webcast Replay

Topic 842 – Implementing Leases Workshop


Total Credits: 4 including 4 Accounting - Technical

Average Rating:
   8
Category:
Accounting and Auditing |  ACPEN Industry Institute
Faculty:
Melisa F. Galasso
Course Levels:
Intermediate
Duration:
4 Hours
License:
Access for 30 day(s) after program date.

Dates
Please Note: Programs with a ☾ insignia begin after 5pm or air on the weekend.


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 key area of change which is 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

Course Materials

Faculty

Melisa F. Galasso's Profile

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

Wed, Jul 06, 2022 - 09:30am to 01:12pm EDT
Thu, Jul 07, 2022 - 02:00pm to 05:42pm EDT
Tue, Jul 19, 2022 - 12:00pm to 03:42pm EDT
Sat, Jul 30, 2022 - 10:00am to 01:42pm EDT
Wed, Aug 03, 2022 - 09:30am to 01:12pm EDT
Thu, Aug 04, 2022 - 02:00pm to 05:42pm EDT
Tue, Aug 09, 2022 - 12:00pm to 03:42pm EDT
Tue, Aug 30, 2022 - 12:00pm to 03:42pm EDT
Wed, Sep 07, 2022 - 02:00pm to 05:42pm EDT
Thu, Sep 08, 2022 - 09:30am to 01:12pm EDT
Tue, Sep 20, 2022 - 12:00pm to 03:42pm EDT
Mon, Oct 03, 2022 - 09:30am to 01:12pm EDT
Tue, Oct 04, 2022 - 02:00pm to 05:42pm EDT
Tue, Oct 11, 2022 - 12:00pm to 03:42pm EDT
Sat, Oct 22, 2022 - 11:00am to 02:42pm EDT
Tue, Nov 01, 2022 - 12:00pm to 03:42pm EDT
Thu, Nov 03, 2022 - 09:30am to 01:12pm EDT
Fri, Nov 04, 2022 - 02:00pm to 05:42pm EDT
Tue, Nov 22, 2022 - 12:00pm to 03:42pm EST
Mon, Dec 05, 2022 - 02:00pm to 05:42pm EST
Tue, Dec 06, 2022 - 09:30am to 01:12pm EST
Sat, Dec 10, 2022 - 11:00am to 02:42pm EST
Tue, Dec 13, 2022 - 12:00pm to 03:42pm EST
Tue, Jan 03, 2023 - 09:30am to 01:12pm EST
Tue, Jan 03, 2023 - 12:00pm to 03:42pm EST
Wed, Jan 04, 2023 - 02:00pm to 05:42pm EST
Sat, Jan 14, 2023 - 02:00pm to 05:42pm EST
Tue, Jan 24, 2023 - 12:00pm to 03:42pm EST
Fri, Feb 03, 2023 - 09:30am to 01:12pm EST
Mon, Feb 06, 2023 - 02:00pm to 05:42pm EST
Tue, Feb 14, 2023 - 12:00pm to 03:42pm EST
Fri, Mar 03, 2023 - 09:30am to 01:12pm EST
Mon, Mar 06, 2023 - 02:00pm to 05:42pm EST
Tue, Mar 07, 2023 - 12:00pm to 03:42pm EST
Tue, Mar 28, 2023 - 12:00pm to 03:42pm EDT
Mon, Apr 03, 2023 - 09:30am to 01:12pm EDT
Tue, Apr 04, 2023 - 02:00pm to 05:42pm EDT
Tue, Apr 18, 2023 - 12:00pm to 03:42pm EDT

Additional Info

Basic Course Information

Prerequisites

Prior experience with accounting for leases


Advanced Preparation

No


Designed For

Ideal for accountants in public practice and industry


Original Recording Date

5/1/22


Course Developer

Galasso Learning Solutions LLC


Date Added to Catalog

2/6/22


Additional Information

Complaint Resolution Policy

Please 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. 


Reviews

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Overall:      8

Total Reviews: 8

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