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Kelen Camehl, CPA, MBA
Kelen Camehl is a recognized author and reviewer of CPE courses and has authored over 120 courses (300+ CPE credit hours) covering a range of accounting, auditing, financial reporting, regulatory, and ethics topics.
This instructor has 60 courses »To Access This Course:
This course provides a high-level overview of the accounting and reporting requirements related to lease transactions as outlined in ASC Topic 842. This course addresses the process of determining whether an arrangement contains a lease and the resulting lease classification. This course also addresses recognition requirements as well as some high-level presentation & disclosure topics.
Learning Objectives
- Explore and determine whether an arrangement contains a lease.
- Discover and list the criteria for lease classification.
- Identify how leases are initially and subsequently measured.
- Recognize impacts from lease modifications.
- Identify presentation and disclosure requirements for lease transactions.
Last updated/reviewed: May 5, 2022
5 Reviews (34 ratings)Reviews
Jatin Talreja
(Financial Accounting Consultant at Wells Fargo)
The course gives overview of Lease fundamentals. A more descriptive course with accounting entries from lessee & lessor perspective as well as practical examples on Lease modifications with increase duration of course could have made it even more intriguing.
Anonymous
(disabled)
Overall is great course that packs a great punch in covering lease materials. The material is well laid out and the course objectives are met. I would recommend to anyone looking to learn about ASC 842. Great job
Roger Brugger
(CEO at Visions Africa Ltd)
The presenter's explanations were well explained. we would like to suggest that in the next videos more examples can be given to make it easier for us to understand.
Anonymous
(Controller)
I enjoyed how the presenter outlined the material. He came across very knowledgeable and was able to present the information in a logical manner.
Anonymous
(CFO)
Excellent presentation of lease accounting fundamentals and ASC 842, as well as defining finance lease criteria vs. operating lease criteria.
Prerequisites
Course Complexity: Foundational
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .