December 16, 2022


8 Total CPE Credits


Webinar (WA): Leases: Mastering the New FASB Requirements

  • Instructor

    Joann Cross

Learning Objectives

This course is intended to familiarize the learner with the key aspects of FASB ASC 842, Leases, including lease modifications, sale and leaseback transactions, and leveraged leases. When you complete this course you will be able to: Recognize arrangements which meet the scope requirements for lease accounting under FASB ASC 842. Recognize lessee accounting requirements for operating leases an finance leases under FASB ASC 842. Recognize lessor accounting requirements for sales-type, direct financing and operating leases under FASB ASC 842. Recognize accounting requirements for lease modifications under FASB ASC 842. Recognize accounting requirements for sale and leaseback transactions under FASB ASC 842. Recognize presentation requirements for lessees and lessors under FASB ASC 842. Recognize business factors to consider when implementing FASB ASC 842.

Major Topics

Lease classification, Amortization of the lease asset, Derecognition of the underlying asset, Recognition of lease receivables, Lease modifications, Sale and leaseback transactions, Presentation, disclosure, and transition requirements, The business context for implementing FASB ASC 842.

CPE Credits Available

Total CPE

Things to Know About This Course

Course Level

  • Intermediate


Experience in application of accounting standards

Advanced Preparation


Intended Audience

Accountants in practice and industry


Washington Society Of CPAs

This event has ended.