Leases - Accounting Basics

Total CPE

Tuition
$125.00

Approximate Length
01:00:00

Course Number
24-WB-300

Total CPE

Tuition
$125.00

Approximate Length
01:00:00

Course Number
24-WB-300

Course Details

This course introduces participants to the accounting requirements under ASC 842, Leases. The following topics are discussed:

key concepts and terms that are applicable to both lessees and lessors
reporting and disclosure requirements.

By the end of this course, participants should be able to:

recognize whether a contract is, or contains, a lease and is within the scope of ASC 842
recall the information necessary to identify lease and nonlease components
recognize the accounting requirements for key concepts and terms that are applicable to both lessees and lessors.

Note: This course references data and sources that were available at the time of development. Please visit the Financial Reporting View website for the most up-to-date guidance and insights.

Keywords: Leases, ASC 842, Accounting

Other Details

Special Notice/Instruction: CPE credits will be awarded upon successful completion of the content and passing the exam with a grade of 70 or higher. In accordance with NASBA requirements, you must complete and pass the exam within one year of your enrollment in the program.

NASBA Delivery Type: Self-Study

Advance Preparation: There is no advance preparation for this course.

This course is not mobile-compatible.

Pre-requisites: There are no pre-requisites for this course.

Level of Knowledge: Basic
Field of Study: Accounting - 1
Delivery Method: Web Based Self Study