Lessee Accounting: Identification, Classification & RecognitionCode: 23-LEASEID

Price: $14.95
Add to Cart

Course Details

27 pages

Course description and objectives:

This course provides an overview of the accounting for lease transactions, specifically from the standpoint of a lessee. This includes a discussion of how to determine if an arrangement/contract is a lease, how to classify the identified lease (e.g., operating vs. finance) , as well as how to recognize and measure the various components of the lease.

Course Objectives:

After reading the materials, participants will able to:

  •  Determine whether an arrangement contains a lease
  •  Recognize considerations with respect to substitution rights and decision-making rights
  •  Identify the criteria for lease classification
  •  List the recognition requirements related to operating and finance leases

Presentation Method:  Self-Study

 

Category:  Accounting

CPE credit:  1 Hour

Program Level:  Update

Prerequisites:  None

Advance Preparation:  None

Exam expiration date:  Participants must submit exams for grading within one year from the date of purchase

Processing...
$14.95
Choose a Course Format:


Easy to follow
Good information presented in a logical manner
Trina Mahoney
08/15/2024
Verified Buyer
Was this helpful?
Performance Obligation - How to Identify Performance Obligations
The course was thorough and easy to understand. I went away with an ample understanding/knowledge of the subject matter.
Valerie
10/20/2023
Verified Buyer
Was this helpful?
Easy to understand
Simple, but easy to understand hot topics with completeness
Takashi
01/16/2023
Verified Buyer
Was this helpful?
Lease Accounting & Reporting -- What You Need to Know
Worthwhile
11/21/2022
Verified Buyer
Was this helpful?

For more information regarding refunds, complaints, or cancellation policies, please contact our offices at 817-477-0222.

American CPE, 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

 

NASBA QAS Sponsor number 108096