This course is a general overview of the lease accounting changes to Financial Accounting Standard (FAS) 13 and International Accounting Standards (IAS) 16 & 17. It describes the upcoming changes and how you will record a real estate lease on your financial statements. It explains how the changes affect the Balance Sheet, Income Statement, and Cash Flow Statement. Finally, this course offers tips on how you can minimize the impact of the new rules.
Learning Objectives
- Identify key changes in how leases are recorded on the financial statements.
- Discover key elements of the new lease accounting rules.
- Recognize how to classify a lease under the new rules.
Last updated/reviewed: August 12, 2023
- 1. Accounting for Revenue from Contracts with Customers per IFRS 15
- 2. Common Yellow Book & Single Audit Deficiencies
- 3. 2018 Yellow Book Part 6: Government Auditing Standards: Standards for Attestations and Reviews of Financial Statements
- 4. Accounting for Financial Instruments under IFRS 9
- 5. Top Accounting, Operational, and Compliance Challenges for Nonprofits
- 6. Introduction to Not-for-Profit Accounting
- 7. Evaluating and Properly Disclosing FASB Accounting Standard Updates (ASUs) (Text Based Course)
- 8. The Controllership Series: The Controller Function - Elevating the Role
- 9. The Audit Risk Model - Understanding Foundational Principles
- 10. Yellow Book: Uniform Guidance Training Part 2: Single Audit Training - The Importance of the SEFA
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Prerequisites
Course Complexity: Intermediate
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
.
Gabe BurkeCA