NOT2334. Leases (Topic 842) - Part 2

This session goes deeper than the first session and will provide an analysis of how to calculate the initial right of use asset and liability as well as understand the amortization tables and how to record the related annual journal entries.

Learning Objectives:

• Recognize case studies related to ASC 842
• Identify requirements for initial and ongoing calculations and journal entries related to ASC 842
• Indicate an understanding of disclosure requirements, including reviewing sample disclosures, for ASC 842