Surgent's What in the FASB Were They Thinking! Not-for-Profits and Leases
Available Anytime
Location:
Online
1Credits
Accounting and Auditing
Registration is Open
FICPA Members
Nonmembers
$64.00 Regular Price
Product Code: SU24-WITF-SSWC
Level: Intermediate
Vendor: Surgent
Field of Study: Accounting (Governmental)
Overview:
Not-for-profits enter into leases for many types of assets. This course is designed to help you understand the core components of not-for-profit lessee accounting under FASB ASC 842, Leases. You will learn the important definitions involved, the key decision points involved in applying the standard, and how to think through those decision points.Objectives:
- Skillfully prepare for the implementation of FASB ASC 842
- Become comfortable with the application of FASB ASC 842 in the not-for-profit environment
Major Topics:
- Evaluating whether a contract meets the definition of a lease
- Properly calculating the lease term
- Determinations and decisions to be made with regard to short-term leases
- Distinguishing operating leases from finance leases
Designed For:
Not-for-profit industry professionals and auditorsPrerequisite:
Some introductory background in not-for-profit accountingAdditional Info:
You will receive an email from info@surgent.com with instructions on how to log onto your course shortly. If you do not receive the email within the hour, please check your spam filter.
For technical support, registration questions or other customer service-related inquiries, please call (800) 778-7436 or email info@surgent.com. Phones are staffed from 8:30 a.m. to 5:00 p.m. Eastern Time, Monday through Thursday, and 8:30 a.m. to 4:00 p.m. Eastern Time on Friday.