Lease Accounting - ASC 842

Lease Accounting - ASC 842

This course is all about the standard ASC 842 (US GAAP). In this course we covered about the basic understanding of lease, classification of lease, accounting of lease with practical examples in excel in the books of lessee, Transition from ASC 840 to ASC 842 along with example in excel and finally we covered the major  differences from ASC 840 to ASC 842.

Classification, Accounting and Transition of Lease

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What you will learn

• 1. Understanding of lease - ASC 842 (Including exclusions and exemptions)
• 2. How to classify a lease?
• 3. Overview of lease accounting in the books of lessee

Rating: 4.45

Level: All Levels

Duration: 2 hours

Instructor: Pranay Kumar Chatakonda