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Live Webcast Replay

Topic 842 – Implementing Leases Workshop


Total Credits: 4 including 4 Accounting - Technical

Average Rating:
   158
Categories:
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

Mon, Apr 03, 2023 - 07:30am to 11:12am MDT
Tue, Apr 04, 2023 - 12:00pm to 03:42pm MDT
Tue, Apr 18, 2023 - 10:00am to 01:42pm MDT
Mon, May 08, 2023 - 10:00am to 01:42pm MDT
Tue, May 23, 2023 - 12:00pm to 03:42pm MDT
Wed, Jun 07, 2023 - 08:00am to 11:42am MDT
Sat, Jun 17, 2023 - 10:00am to 01:42pm MDT
Thu, Jun 22, 2023 - 05:00pm to 08:42pm MDT
Tue, Jun 27, 2023 - 12:00pm to 03:42pm MDT
Fri, Jul 14, 2023 - 08:00am to 11:42am MDT
Wed, Jul 26, 2023 - 10:00am to 01:42pm MDT
Wed, Aug 16, 2023 - 12:00pm to 03:42pm MDT
Thu, Aug 31, 2023 - 08:00am to 11:42am MDT
Tue, Sep 05, 2023 - 10:00am to 01:42pm MDT
Sat, Sep 09, 2023 - 09:00am to 12:42pm MDT
Thu, Sep 21, 2023 - 12:00pm to 03:42pm MDT
Tue, Oct 10, 2023 - 08:00am to 11:42am MDT
Fri, Oct 20, 2023 - 10:00am to 01:42pm MDT
Thu, Nov 09, 2023 - 12:00pm to 03:42pm MST
Thu, Nov 16, 2023 - 04:00pm to 07:42pm MST
Tue, Nov 21, 2023 - 08:00am to 11:42am MST
Tue, Dec 05, 2023 - 10:00am to 01:42pm MST
Fri, Dec 15, 2023 - 12:00pm to 03:42pm MST
Sat, Dec 16, 2023 - 09:00am to 12:42pm MST
Wed, Dec 27, 2023 - 08:00am to 11:42am MST
Wed, Jan 10, 2024 - 10:00am to 01:42pm MST
Thu, Jan 25, 2024 - 12:00pm to 03:42pm MST
Tue, Feb 06, 2024 - 08:00am to 11:42am MST
Wed, Feb 21, 2024 - 10:00am to 01:42pm MST
Sat, Mar 09, 2024 - 09:00am to 12:42pm MST
Wed, Mar 13, 2024 - 12:00pm to 03:42pm MDT
Fri, Mar 22, 2024 - 08:00am to 11:42am MDT
Tue, Apr 09, 2024 - 10:00am to 01:42pm MDT
Wed, Apr 24, 2024 - 12:00pm to 03:42pm MDT

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

5
4
3
2
1

Overall:      4.7

Total Reviews: 158

Comments

Steven R

"Very knowledgeable and good presenter"

Anthony G

"Excellent presentation with nice examples that we could work through"

Sara B

"Very useful course with a lot of relevant information. Instructor is great and explains in detail. "

Thomas M - Louisiana

" "

Thomas F

"I was extremely impressed with Melissa. She really did explain this topic very well. I feel more confident as an auditor."

Kimberly O

"Melissa was great. The workshop set-up helped in understanding the concept. "

Jeffrey K

"Great course."

Kevent O

"Examples were very helpful "

R.E. S

"Thank you. Very helpful workshop!"

Douglas G

"Great knowledge of subject matter."

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