Surgent's What in the FASB Were They Thinking! Not-for-Profits and Leases
Available Until Wednesday, Apr. 30, 2025
1.00 Credits
Member Price $49.00
Non-Member Price $69.00
Overview
Not-for-profits enter into leases for many types of assets. This course is designed to help you understand the core components of not-for-profit lessee accounting under FASB ASC 842, Leases. You will learn the important definitions involved, the key decision points involved in applying the standard, and how to think through those decision points.
Objectives
- Skillfully prepare for the implementation of FASB ASC 842
- Become comfortable with the application of FASB ASC 842 in the not-for-profit environment
Highlights
- Evaluating whether a contract meets the definition of a lease
- Properly calculating the lease term
- Determinations and decisions to be made with regard to short-term leases
- Distinguishing operating leases from finance leases
Designed For
Not-for-profit industry professionals and auditors
Prerequisites
Some introductory background in not-for-profit accounting
Preparation
None
Notice
You will receive an email from Surgent CPE with instructions to access this webinar.
Non-Member Price $69.00
Member Price $49.00