We'll take up where the FASB Update left off and do a deeper dive into the new FASB Leases standard (Topic 842), focusing on lessee accounting. We'll explore the key judgmental areas of Topic 842, with lots of examples. We'll also discuss FAQs, provide implementation tips, and answer your questions.
Identify the key provisions of Topic 842 and the judgments involved in applying them to NFP lessees.
Determine key implementation issues, challenges and approaches to implementing Topic 842 efficiently and effectively.