Preparing for the Adoption of ASC 842 for Leases

With the issuance of ASU 2016-02, the FASB overhauled the lease accounting guidance bringing most leases onto the balance sheet. The adoption date for the new standard has arrived and this course will present the basic concepts of the new guidance along with key considerations for how to adopt the new standard and properly report within financial statements.

Course Objectives

After completing this course you will be able to:

Identify how lease guidance has changed with the new standard
Describe the steps to be taken to identify all leases and account for them under the new standard
Identify financial statement reporting matters related to leases

Additional Details

CPE: Eligible for 1.2 CPE credits in Accounting

Prerequisites: None

Advanced Preparation: None

Program Level: Basic

Delivery Method: Group Internet-based

Intended Audience: CEOs, CFOs, Accounting Managers.

Speakers: Heather Winiarski, Hal Hunt

*Attendees must be registered individually and click on periodic participation markers throughout the webinar to receive CPE credit. We may be unable to offer CPE certificates to those who log into the webinar using:

GoToWebinar Instant Join
iPads or mobile devices (unless using the Citrix mobile app for GoToWebinar)

If you would like the opportunity to earn a CPE certificate, please log in using a different method than the ones indicated above to ensure that you show up on the final attendee report.

For more information regarding complaint and program cancellation policies, please contact our offices at (216) 447-9000.

CPE Sponsor Logo CBIZ, 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 the 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.learningmarket.org.

**MHM (Mayer Hoffman McCann P.C.) is an independent CPA firm that provides audit, review and attest services, and works closely with CBIZ, a business consulting, tax and financial services provider. CBIZ and MHM are members of Kreston International Limited, a global network of independent accounting firms.