Description
What you need to know about the lessee and lessor accounting models This course explains the lessee accounting model, including
Lease and non-lease components
Lease classification
Amortization of the right-of-use asset
Interest on the lease liability
This course also explains the lessor accounting model, including
Transfer of risk
Profit recognition
Collectibility
Included in this course are detailed and illustrated examples with amortization tables and journal entries.
