Description

This session builds on where the theory session left off and illustrates how to apply the concepts to real world leases. This is an application focused session to get you ready for implementation.

Learning Objectives:

• Recall accounting treatment under the leases guidance for exampl lease agreements.
• Identify lessee and lessor transactions.
• Recognize and separate the components of leases.
• Identify potential implementation issues.

Speaker(s):

• Susannah Filipovic (Baney), CPA, Manager, Baker Tilly Virchow Krause, LLP
• Chris Pembrook, CPA, Cgap, Shareholder, Crawford & Associates, PC