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Lease accounting under ASC 842 introduces significant changes to how companies recognize and report leases. This training program focuses on mastering the principles of lease accounting, including the recognition, measurement, and disclosure of lease liabilities and right-of-use assets. Participants will learn how to apply ASC 842 to real-world scenarios and ensure compliance with the standard in their financial reporting.
Course Details
Understand the key principles of lease accounting under ASC 842
Recognize and measure lease liabilities and right-of-use assets
Apply the new standard to operating and finance leases
Ensure accurate disclosure of leases in financial statements
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