### What you need to know about the lessee and lessor accounting models
This course explains the lessee accounting model, including
– Lease and non-lease components
– Lease classification
– Amortization of the right-of-use asset
– Interest on the lease liability
This course also explains the lessor accounting model, including
– Transfer of risk
– Profit recognition
– Collectibility
Included in this course are detailed and illustrated examples with amortization tables and journal entries.
### Who Will Benefit
– Accountants and finance professionals
### Key Topics
– Lessee and lessor accounting models
– Lease and non-lease components
– Lease classifications
– Initial and subsequent measurement of leases
### Learning Outcomes
– Recognize lessee accounting requirements for operating leases and finance leases under FASB ASC 842.
– Recognize lessor accounting requirements for sales type, direct financing, and operating leases under FASB ASC 842.
Experience in application of accounting standards
This webinar is produced by AICPA. You will receive your login link/instructions and Certificate of Attendance directly from this third-party vendor. It is important that you review your COCPA confirmation for details on receiving your login instructions and COA from said vendor.
