Leases: Mastering the New Requirements
LIVE

Online Event

Webcast

Leases: Mastering the New Requirements

Speaker: Daryl Krause

  • Format

    Webcast

  • Level

    Intermediate

  • Duration

    8h

Examine the core principles of the new standard, including identification, recognition, measurement, presentation, and disclosure requirements.

Learning outcomes

  • Identify a lease under the new leases standard
  • Identify recognition and measurement requirements of the new leases standard
  • Identify presentation and disclosure requirements of the new leases standard

There are no upcoming dates for this Webcast

Product information

Overview

How do the leasing requirements in the new standard differ from generally accepted accounting principles (GAAP)? This webcast addresses that question by examining the core principles of the new standard, including identification, recognition, measurement, presentation, and disclosure requirements.

Examples are included to illustrate application of the new standard. This webcast explains the lessee accounting model, including lease classification, amortisation of the right-of-use asset, and interest on the lease liability. This webcast also explains the lessor accounting model, including transfer of risk, profit recognition, and collectability. Additional topics include short-term leases, purchase options, variable lease payments, and sale and leaseback transactions.

TOPICS DISCUSSED

  • Lease classification
  • Differences between “Type A” and “Type B” leases
  • Amortisation of the lease asset
  • Derecognition of the underlying asset
  • Recognition of lease receivables

Who should take this course?

  • Accountants in practice and industry

Professional development

All learning resources available in the CGMA Store qualify for CPD for CIMA members.

Prerequisites:Experience in the application of accounting standards
Programme level:Intermediate
Duration:8h
Format:Webcast
Access:This is a live event. You will have access to webcast on the date/time of broadcast and the archive for 3 months after the broadcast date.

Return and refund policy

Speaker

  • Daryl Krause