NOT2224. Leases (FASB ASU 2016-02) Deep Dive with Case Studies

Leveraging off the Leases Overview session, this session will dive deeper into the new lease session going through examples of what does and doesn’t qualify under the new lease definition as well as learning how to record the journal entries and other implementation concerns.

Learning Objectives:

• Identify and discuss how do identify a new lease.
• Analyze and discuss how to record the accounting entries under the new lease accounting standard.