The purpose of this course is to review the changes made to lease accounting by ASU 2016-02, Leases, (as further amended by ASU 2018-01, Land Easement- Practical Expedient for Transition to Topic 842), and numerous other amendments, and to establish the principles that lessees and lessors shall apply to report useful information to users of financial statements about the amount, timing, and uncertainty of cash flows arising from a lease. Topics include a review of the new rules for lessees and lessors, the types of leases, how to account for the balance sheet, income statement and cash flows statement impacts of different types of leases, the implementation requirements, and more.
Implementing the New Lease Standard ASU 2016-02 and Other Amendments Guidance for Private Companies CPE course is a comprehensive self-study program designed to help Certified Public Accountants strengthen their knowledge and skills in professional development. This 10-credit course provides practical insights and real-world applications that CPAs can immediately apply in their professional roles.
Throughout this course, participants will gain a deeper understanding of key concepts, best practices, and emerging trends related to professional development. The course is ideal for CPAs working in public accounting, corporate accounting, government, or consulting who want to enhance their expertise while fulfilling their continuing education requirements.
ACCPE’s flexible self-study format allows you to complete the course at your own pace, making it perfect for busy professionals. Upon successful completion of the exam, you will receive your certificate instantly, allowing you to quickly report your credits and stay compliant with licensing requirements.
Enroll in the Implementing the New Lease Standard ASU 2016-02 and Other Amendments Guidance for Private Companies course today and take advantage of ACCPE’s affordable, convenient, and high-quality continuing education designed specifically for CPAs.