GAAP Hot Topics – What You Need to Know Chapter 3: Lease Transactions (Text Based Course)

This course provides an overview of the new lease accounting standard issued by the FASB within ASC Topic 842. This includes a discussion of the reasons for the change, how to correctly identify a lease within a contract, and the overall recognition, measurement, subsequent measurement, and disclosure requirements. This course also provides examples of real-world disclosures as well as challenges faced by entities post-adoption.