Lessee and Lessor Accounting (2 hours)

January 22, 2025 6:00am - 8:00am PST

(Check-In 5:30am PST )

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2.0 Credits

Member Price $118.00

Non-Member Price $142.00

Overview

What you need to know about the lessee and lessor accounting models This course explains the lessee accounting model, including

Lease and non-lease components

Lease classification

Amortization of the right-of-use asset

Interest on the lease liability

This course also explains the lessor accounting model, including

Transfer of risk

Profit recognition

Collectibility

Included in this course are detailed and illustrated examples with amortization tables and journal entries.

Highlights

Lessee and lessor accounting models

Lease and non-lease components

Lease classifications

Initial and subsequent measurement of leases

Prerequisites

Experience in application of accounting standard

Designed For

Accountants and finance professionals

Objectives

Recognize lessee accounting requirements for operating leases and finance leases under FASB ASC 842.
Recognize lessor accounting requirements for sales type, direct financing, and operating leases under FASB ASC 842.

Notice

“Adding to Calendar” does not register you for this event. Please either register online by clicking “Add to Cart” or contacting OSCPA at 503-641-7200 / 800-255-1470, ext. 3. Thank you!