This course provides an in-depth overview of the lease accounting standards prescribed by ASC 842.  This includes a discussion of how to identify a lease within a contract and how to classify a lease.  This course also provides an in-depth review of the initial measurement, subsequent measurement, and presentation & disclosure of leases.

Learning Objectives
Upon completion of this course, you will be able to:
•    Determine whether an arrangement contains a lease
•    Identify considerations with respect to substitution rights and decision-making rights
•    Identify the criteria for finance lease and short-term leases
•    Recognize the recognition and measurement requirements for both lessees and lessors
•    Identify the recognition criteria for sales-type, direct financing, and operating leases
•    Identify the overall requirements with respect to lease modifications
•    Identify the criteria used for sale and leaseback transactions
•    Identify the presentation requirements for both lessees and lessors
•    Recognize both qualitative and quantitative disclosure requirements for both lessees and lessors
•    Recognize considerations of and alternatives provided to private companies

To complete this course participants need to: Read the material provided and answer chapter review questions, successfully complete the qualified assessment with a minimum of 70% accuracy to receive your certificate. 

A course evaluation form is provided for your feedback, upon course completion. Participants have 1 year from the date of purchase/enrollment to complete this course 

Our Refund policy can be found at: https://cpeprime.com/cancellation-and-refund/