Do I Have a Lease?Code: 23-LEASE

Price: $14.95
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Course Details

22 pages

Course description and objectives:

This course provides an in-depth overview of the assessment of whether or not an arrangement is or contains a lease. This includes a discussion of specific guidance prescribed by ASC Topic 842 as well as additional interpretive guidance provided several of the Big 4 accounting firms. This course also addresses the short-term lease exception available in ASC Topic 842. 

Course Objectives:

After reading the materials, participants will able to:   

  •  Determine whether an arrangement is or contains a lease
  •  Determine whether an arrangement includes an identified asset
  •  Identify considerations with respect to substitution rights and decision-making rights
  •  Recognize the short-term lease exception prescribed by ASC Topic 842

Presentation Method:  Self-Study


Category:  Accounting

CPE credit:  1 Hour

Program Level:  Update

Prerequisites:  None

Advance Preparation:  None

Exam expiration date:  Participants must submit exams for grading within one year from the date of purchase


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