What you need to know about the lessee and lessor accounting models. Included in this course are detailed and illustrated examples with amortization tables and journal entries.
DESIGNED FOR
accountants and finance professionals
BENEFITS
- Recognize lessee accounting requirements for operating leases and finance leases under FASB ASC 842.
- Recognize lessor accounting requirements for sales type, direct financing, and operating leases under FASB ASC 842.
HIGHLIGHTS
Lessee and lessor accounting models
Lease and non-lease components
Lease classifications
Initial and subsequent measurement of leasesCOURSE LEVEL
Intermediate
PREREQUISITES
Experience in application of accounting standard
ADVANCE PREPARATION
None