{"product_id":"mastering-lease-accounting-under-gaap-asc-842","title":"Mastering Lease Accounting Under GAAP (ASC 842)","description":"\u003cp\u003eMastering Lease Accounting Under ASC 842: A Practical Guide to Compliance and Application\u003c\/p\u003e\n\u003cp\u003eThe introduction of Accounting Standards Update (ASU) 2016-02, codified as ASC 842 by the Financial Accounting Standards Board, fundamentally reshaped lease accounting. By requiring organizations to recognize right-of-use (ROU) assets and lease liabilities on the balance sheet, this standard has significantly increased transparency—but also complexity—in financial reporting.\u003c\/p\u003e\n\u003cp\u003eWith ASC 842 now fully implemented, organizations must move beyond basic awareness and focus on accurate application, ongoing compliance, and the broader financial impact of lease decisions. From balance sheet implications to loan covenant considerations, the stakes are high for accounting and finance professionals.\u003c\/p\u003e\n\u003cp\u003eThis webinar delivers a clear, practical roadmap to navigating lease accounting under ASC 842. Through real-world examples and step-by-step guidance, you will learn how to properly identify, classify, measure, and report leases in accordance with current GAAP requirements. Whether you are new to lease accounting or looking to strengthen your understanding, this session will provide the tools and confidence needed to apply the standard effectively.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eKey Learning Outcomes:\u003c\/strong\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003eUnderstand the concept and financial impact of Right-of-Use (ROU) assets and lease liabilities\u003c\/li\u003e\n\u003cli\u003eIdentify which contracts and arrangements fall within the scope of ASC 842\u003c\/li\u003e\n\u003cli\u003eApply the four-step model to accurately calculate ROU assets\u003c\/li\u003e\n\u003cli\u003eDetermine lease term, including renewal options and reassessment considerations\u003c\/li\u003e\n\u003cli\u003eAnalyze lease payments and identify components included in measurement\u003c\/li\u003e\n\u003cli\u003eSelect and apply appropriate discount rates for lease calculations\u003c\/li\u003e\n\u003cli\u003eRecognize additional costs and incentives included in the ROU asset\u003c\/li\u003e\n\u003cli\u003eEvaluate the short-term lease (12-month) policy election and its practical application\u003c\/li\u003e\n\u003cli\u003eDistinguish between operating and finance leases and understand their financial statement impact\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cstrong\u003eWhy You Should Attend:\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eThis webinar goes beyond theory to provide practical, actionable insights you can apply immediately. You’ll gain the knowledge needed to improve accuracy in financial reporting, strengthen compliance with GAAP, and confidently manage lease accounting challenges within your organization.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eProgram Details:\u003c\/strong\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003eLevel: Basic\u003c\/li\u003e\n\u003cli\u003eFormat: Live Webcast\u003c\/li\u003e\n\u003cli\u003eInstructional Method: Group Internet-Based\u003c\/li\u003e\n\u003cli\u003eField of Study: Accounting\u003c\/li\u003e\n\u003cli\u003ePrerequisites: None\u003c\/li\u003e\n\u003cli\u003eAdvance Preparation: None\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"My Store","offers":[{"title":"Live","offer_id":52601006358847,"sku":null,"price":199.0,"currency_code":"USD","in_stock":true},{"title":"Live + Transcript","offer_id":52601006391615,"sku":null,"price":299.0,"currency_code":"USD","in_stock":true},{"title":"Live + Recording","offer_id":52601006424383,"sku":null,"price":299.0,"currency_code":"USD","in_stock":true},{"title":"Transcript","offer_id":52601006457151,"sku":null,"price":299.0,"currency_code":"USD","in_stock":true},{"title":"Recording","offer_id":52601006489919,"sku":null,"price":299.0,"currency_code":"USD","in_stock":true},{"title":"DVD","offer_id":52601006522687,"sku":null,"price":249.0,"currency_code":"USD","in_stock":true},{"title":"Flashdrive","offer_id":52601006555455,"sku":null,"price":249.0,"currency_code":"USD","in_stock":true},{"title":"Recording \u0026 Transcript","offer_id":52601006588223,"sku":null,"price":299.0,"currency_code":"USD","in_stock":true},{"title":"Flashdrive \u0026 Transcript","offer_id":52601006620991,"sku":null,"price":299.0,"currency_code":"USD","in_stock":true},{"title":"DVD \u0026 Transcript","offer_id":52601006653759,"sku":null,"price":299.0,"currency_code":"USD","in_stock":true},{"title":"Recording, DVD \u0026 Transcript","offer_id":52601006686527,"sku":null,"price":399.0,"currency_code":"USD","in_stock":true},{"title":"Recording \u0026 Transcripts","offer_id":52601006719295,"sku":null,"price":299.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0930\/0469\/3823\/files\/Copy_of_Copy_of_Copy_of_Copy_of_Copy_of_Copy_of_Copy_of_Add_a_heading_1_d8bf8a33-ddec-440d-8613-78cefcdd35c7.jpg?v=1775117107","url":"https:\/\/webcon60.com\/products\/mastering-lease-accounting-under-gaap-asc-842","provider":"Webcon60","version":"1.0","type":"link"}