An in-depth coverage of ASC Topic 842, Leases . Leasing is popular among corporations for needs including office space and equipment. Since ASC Topic 842, Leases has been adopted by most entities, it is time to review the topic, including any recently issued updates. Excerpts from publicly traded companies' recent disclosures on Leases are also examined.
Learning Objectives
• Identify, measure, present and disclose the treatment of leases from the lessee’s and lessor’s perspectives under ASC Topic 842, with examples drawn from the illustrative guide
• Identify recently released updates to ASC Topic 842
• Review excerpts from a selection of public companies' lease disclosures
Major Topics
• FASB ASC 842, Leases
• All recently released updates to ASC 842, Leases
