Recent changes to the lease accounting standards may have a large impact on your balance sheet and company profitability.
Lease transactions are common in most businesses, and recent changes to the lease accounting standards may have a large impact on your balance sheet and company profitability. This course explains the most important lease accounting concepts.
This course will cover the following topics:
-Defining a lease -Lessor and lessee accounting for leases -Financial vs. operating leases -Single and variable lease components -Lease classifications -Protective rights and lease guarantees
Field of Study: Accounting
Lambers, Inc. is a leader in review courses for the EA, AFSP, and CPA exams. Lambers also offers IRS Continuing Education for Tax Preparers and CPE for CPAs. Accounting and finance professionals around the world incorporate Lambers products into their training programs.
CPA, Auditor, Tax Preparer and College Professor
Kenneth W. Boyd is a former Certified Public Accountant (CPA) and the author of several of the popular For Dummies books published by John Wiley & Sons including CPA Exam for Dummies and Cost Accounting for Dummies. Ken has gained a wealth of business experience through his previous employment as a CPA, Auditor, Tax Preparer and College Professor. Today, Ken continues to use those finely tuned skills to educate students as a professional writer and teacher.
