Description

More advanced aspects of the lease standard (FASB ASC 842) will be explored in depth using an illustrative approach, including journal entries. Going beyond the basic rules of FASB ASC 842, this session will cover more complicated and challenging implementation issues.

Learning Objectives:

1. Gain greater comprehension of the essential elements of lease accounting and deeper skills to implement the provisions of FASB ASC 842.
   
2. Learn how to implement more complicated aspects of FASB ASC 842.

Speaker(s):

• Thomas Groskopf, CPA, Technical Director - Center for Plain English Accounting, AICPA/Barnes, Dennig & Co., Ltd