EVENT DESCRIPTION
Join Jason Parker from LeaseQuery for a comprehensive overview of not only how to apply the new lease accounting standard, ASC 842 but how to maintain compliance going forward. During the presentation, Jason will begin by covering key lease dates and terms under the new standard, identifying contract components ,and the ultimate calculations necessary for compliance. After showing initial and subsequent journal entries, the presentation will shift to "Day Two" complexities within the lease standard, such as lease modifications, impairments/abandonments, and partial terminations. The presentation will conclude with a look at how purpose-built technology can alleviate much of the pain with maintaining compliance in the long-run.
EVENT OBJECTIVE
-Identify key lease dates, as well as comprehend contract components and their applicability towards the lease liability calculation
-Review initial and subsequent journal entries under ASC 842
-Grasp the intricate detail required to appropriately reflect lease modifications, impairments/abandonments, and partial terminations
-Understand how purpose-built technology can automate much of what's required for compliance
EVENT DETAILS
Company:
Lease Query
Number of Hours:
2 (Recommended)
Prerequisite:
None
Program Level:
Update
Knowledge Level:
Intermediate
Delivery Method:
Group Internet Based
Number Of Days:
Food Included:
Seminar Number:
Early Cut Off Date:
01/01/1970
Phone:
Venue:
,
Accommodations:
,
Recommended For:
CPA(2), EA(2)
Approved By:
NASBA