
Webcast

Update

CPE Credits
4 Credits: Accounting
Course Description
This course will guide preparers and accountants in public practice and industry, who need to understand how the new leasing rules will affect their key accounting numbers. Accountants who deal with financial institutions will identify lease accounting challenges, asset-liability, balance sheet and changes on covenants. Participants will also understand the right-of-use approach model, renewals, termination, and other lease specific issues, including practical strategies to reduce the burden of implementation.
Learning Objectives
- Gain an understanding of how the transition from operating leases to capitalization will affect companies of all sizes.
- Study the fundamental principles of the right-to-use model for capitalizing leases.
- Distinguish which lease contracts are scoped into and out of the standard.
- Learn how the balance sheet treatment of leases will alter financial statement numbers, ratios, and loan covenants.
- Become familiar with the right-of-use, present value model for capitalizing leases.
- Preview the transition and disclosure implications of the new standard.
Course Specifics
Course ID WC1120234100 |
Revision Date December 29, 2020 |
Prerequisites None |
Advanced Preparation None |
Compliance information
CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)
Course Instructor

Dr. Ray Thompson, CBA, CFM, CMA, is an emeritus associate professor of accounting and finance at the University of Pittsburgh. He served as department head at the University of Pittsburgh at Johnstown (UPJ) campus for over 25 years. He was the associate director of UPJ’s Entrepreneurial Development Assistance Project, where he was involved in financial consulting and assisting in preparing loan proposals for small business start-ups. He has taught in graduate and undergraduate business programs in Europe, Africa, and the United States. Ray received his BS and MS degrees in economics and systems dynamics from the University of Bradford in …
Practical Approaches to Implementing the New Lease Accounting Standards

CPE CREDITS
4 Credits: Accounting
$196.00
Webcasts are available for viewing Monday - Saturday, 8am - 8pm ET.
This webcast is 4 hours in length so you must start it before 04:00 pm ET.
Start within 5 hour(s) and 01 minutes to watch today.

Webcast

Update

CPE Credits
4 Credits: Accounting
Course Description
This course will guide preparers and accountants in public practice and industry, who need to understand how the new leasing rules will affect their key accounting numbers. Accountants who deal with financial institutions will identify lease accounting challenges, asset-liability, balance sheet and changes on covenants. Participants will also understand the right-of-use approach model, renewals, termination, and other lease specific issues, including practical strategies to reduce the burden of implementation.
Learning Objectives
- Gain an understanding of how the transition from operating leases to capitalization will affect companies of all sizes.
- Study the fundamental principles of the right-to-use model for capitalizing leases.
- Distinguish which lease contracts are scoped into and out of the standard.
- Learn how the balance sheet treatment of leases will alter financial statement numbers, ratios, and loan covenants.
- Become familiar with the right-of-use, present value model for capitalizing leases.
- Preview the transition and disclosure implications of the new standard.
Course Specifics
Course ID WC1120234100 |
Revision Date December 29, 2020 |
Prerequisites None |
Advanced Preparation None |
Compliance information
CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)
Course Instructor

Dr. Ray Thompson, CBA, CFM, CMA, is an emeritus associate professor of accounting and finance at the University of Pittsburgh. He served as department head at the University of Pittsburgh at Johnstown (UPJ) campus for over 25 years. He was the associate director of UPJ’s Entrepreneurial Development Assistance Project, where he was involved in financial consulting and assisting in preparing loan proposals for small business start-ups. He has taught in graduate and undergraduate business programs in Europe, Africa, and the United States. Ray received his BS and MS degrees in economics and systems dynamics from the University of Bradford in …
Practical Approaches to Implementing the New Lease Accounting Standards

CPE CREDITS
4 Credits: Accounting
Webcasts are available for viewing Monday - Saturday, 8am - 8pm ET.
This webcast is 4 hours in length so you must start it before 04:00 pm ET.
Start within 5 hour(s) and 01 minutes to watch today.
$196.00