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Applying Lease Payment Information to the Lease Liability Calculation

August 25 @ 1:00 pm - 2:00 pm EDT

Free

Participants of the free live webinar will be eligible for 1 CPE credit.

Register

When compiling your lease inventory, break the project up into smaller steps to make the process easier and more manageable. Over the last few months, our accounting experts walked through the first two steps for transitioning to ASC 842.

Join LeaseQuery for part 3 of our lease entry webinar series as we present how to extract payment information from your lease documents to accurately calculate your initial lease liability and ROU asset. During this presentation, we will:

  • Categorize lease, non lease, and non components in a lease agreement
  • Describe the various types of payments that may be present in a lease agreement
  • Identify which payments should be included in the initial lease liability measurement

 

Miss part 1 and 2? Check them out in the links below:

 

Learning Objectives

  • Differentiate between lease, non lease, and non components and provide examples of each
  • Characterize the various types of payments present in a lease agreement and determine which are included in the lease liability
  • Calculate the initial lease liability from the payment information in a sample contract

 

Prerequisites

  • None

 

Who Should Attend

Accounting and finance professionals whose companies manage a medium-to-high volume of leases will benefit most from this event, along with CPAs who serve clients with a similar volume of leases.

 

Advanced Preparation

None

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