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Accounting For Leases: Self Study Video

Delivery
Self-Study Video
CPE Credits
4
Level
Basic
NASBA Category
Accounting
Prerequisites

None

$196.00

Course Description

One of the biggest and most frustrating standard revisions involves the accounting for leases. The new lease standard, in essence, requires all leases to be recognized on the statement of position of the lessee.

In this self-study video course, Jeff Sailor uses  his truly unique and entertaining presentation to explain the standard from beginning to end, including the reasons why the standard was issued. In addition, he will include his signature video parodies, which are designed to keep you awake and reinforce the material.

 

Instructor

Jeff Sailor, CPA

Jeff Sailor, CPA, received a master’s degree in accounting from the University of Florida. Upon graduation, he joined the auditing staff at Peat Marwick in Jacksonville, Florida, where he worked on a large number of national accounts. Jeff has managed his own accounting firm in Ocala, Florida, since 1984. During that time, he has also developed unique auditing approaches and auditing software. Since 1992, Jeff has been teaching accounting and auditing courses he developed to combat traditional “boring CPE.” Using a variety of creative teaching methods sprinkled with humorous video spoofs, Jeff is able to combine his in-depth accounting insights …

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Course Specifics

Course ID
1193499VID
Revision Date
January 8, 2020
Advanced Preparation

None

Compliance Information

NASBA Provider Number: 103220

Learning Objectives

Upon successful completion of Accounting for Leases: Self-Study Video Course, the participant should be able to:

 

Identify the situations to which the standard applies

Describe the history and reasons for the standard

Identify the difference between a lease and a service contract

Identify the proper classification of a lease

Apply the provisions for initial measurement

Apply the provisions for subsequent measurement

Apply the provisions for a finance lease for a lessee

Apply the provisions for an operating lease for a lessee

Describe the required disclosure

Describe the potential impact of the standard on stakeholders