Self-Study: Surgent's What in the FASB Were They Thinking! Not-for-Profits and Leases
Available Until
Self-Study
1.0 Credits
Member Price $37.00
Non-Member Price $50.00
Overview
This course is available until April 30, 2025.
Not-for-profits enter into leases for many types of assets. This course is designed to help you understand the core components of not-for-profit lessee accounting under FASB ASC 842, Leases. You will learn the important definitions involved, the key decision points involved in applying the standard, and how to think through those decision points.
Highlights
- Evaluating whether a contract meets the definition of a lease
- Properly calculating the lease term
- Determinations and decisions to be made with regard to short-term leases
- Distinguishing operating leases from finance leases
Prerequisites
Some introductory background in not-for-profit accounting
Designed For
Not-for-profit industry professionals and auditors
Objectives
- Skillfully prepare for the implementation of FASB ASC 842
- Become comfortable with the application of FASB ASC 842 in the not-for-profit environment
Non-Member Price $50.00
Member Price $37.00