Description
FASB ASC 842, Leases, standards decoded
By learning essential information about lease accounting requirements, you'll understand the core principles of the standards and how to apply them. You'll explore topics, such as:
Identification
Recognition
Measurement
Presentation and disclosure requirements
Deliberate application of lessee accounting model
You'll also learn about classifying leases, the amortization of the right-of-use asset, and the interest on a lease liability. Additional topics include:
Short-term leases
Purchase options
Variable lease payments
Sale and leaseback transactions
Leveraged leases
