What criteria are used to conclude whether a transaction is a sale and leaseback under FASB ASC 842, Leases? This course answers that question and also addresses the primary considerations with respect to a lessee’s involvement in construction of a leased asset and changes to guidance for leveraged leases under FASB ASC 842.
When you complete this course, you will be able to: • Identify the criteria used to conclude whether a transaction is a sale and leaseback. • Differentiate between the accounting recognition of sale and leaseback transactions when a sale has or has not occurred.• Identify the primary considerations with respect to a lessee’s involvement in construction of a leased asset. • Recognize the changes to leveraged leases in FASB ASC 842.
Accountants in practice and industry
Experience in the 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.