FASB’s New Lease Accounting Standard
Total Credits: 4 including 4 Accounting - Technical
- Average Rating:
- 235
- Categories:
- Accounting and Auditing | ACPEN Industry Institute
- Faculty:
- Douglas J. Van Der Aa, CPA, JD
- Course Levels:
- Intermediate
- Duration:
- 4 Hours
- License:
Description
It’s a whole new world for lessors and lessees under Accounting Standards Update No. 2016-02. Soon nearly all leases will need to be disclosed on the balance sheet - from buildings right down to autos and copiers. Although the greatest impact will be on large entities like Walgreens, this will affect the statements of small and mid-sized entities.
Basic Course Information
Learning Objectives*Apply the new financial accounting concepts in the lease setting
*Gain a working knowledge of accounting rules as they relate to lease accounting
*Discuss planning and potential pitfalls
Major Subjects
*What is a “Lease?”
*Recognition and measurement of lease assets and liabilities
*Impact on Lessors and Lessees
*Disclosures and transition rules
Course Materials
| Important CPE Credit Information_READ BEFORE WEBCAST UPDATED (0.47 MB) | Available after Purchase | ||
| FASB’s New Lease Accounting Standard_Slides (2.17 MB) | Available after Purchase | ||
| FASB’s New Lease Accounting Standard_Q&A (0.01 MB) | Available after Purchase | ||
| FASB’s New Lease Accounting Standard_Q&A (219.5 KB) | Available after Purchase | ||
| FASB’s New Lease Accounting Standard_Q&A (0.01 MB) | Available after Purchase | ||
| FASB’s New Lease Accounting Standard_Q&A (0.01 MB) | Available after Purchase | ||
Faculty
Douglas J. Van Der Aa, CPA, JD Related Seminars and Products
Discussion Leader
Van Der Aa Tax Ed, LLC
Doug is a lively and energetic speaker – especially on the subject of taxes and ethics. He has been a highly rated speaker and seminar leader for CPA Associations and other organizations throughout the country for more than 18 years.
Doug has over 25 years of professional experience, including tax practice in CPA firms and the practice of transactional business and real estate law as an attorney. As a CPA, Doug’s practice concentrated on the tax needs of closely held businesses, with their related pass-through entities, complex individual returns, estates and trusts.
Doug taught for 12 years as an Adjunct Instructor and for one year as Assistant Professor of Accounting and Taxation for Grand Valley State University’s Seidman College of Business, where he taught in both the undergraduate and MST programs. He earned his Bachelor of Arts degree with a major in accounting from Dordt College and his Juris Doctor from the University of Illinois College of Law.
Doug is an avid sailor and lives with his wife Mary and three children in Byron Center, Michigan.
Additional Info
Basic Course Information
Prerequisites NoneAdvanced Preparation None
Designed For CPAs working in public accounting firms and industry who seek a better understanding of lease accounting rules.
Original Recording Date 06/02/2017
Yellow Book No
Course Developer Douglas J. Van Der Aa, CPA, JD
Date Added to Catalog 05/18/2017
Additional Information
Complaint Resolution Policy Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).Official Registry Statement
Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Instructional Delivery Method Group Internet Based
Course Registration Requirements Online Registration
Refund/Cancellation Policy Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.
Promo Video
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