Are you ready to confidently navigate the complexities of the lease accounting standard? ASC 842 transformed how organizations report their leasing activities, fundamentally shifting the landscape by requiring lessees to recognize a right-of-use asset and a lease liability on the balance sheet at the commencement date for almost all leases.

This intensive 8-hour continuing education course is meticulously designed to take you from foundational principles to the most advanced accounting scenarios. The ultimate objective of ASC 842 is to report useful, transparent information to users of financial statements regarding the amount, timing, and uncertainty of cash flows arising from a lease.