Real World Lease Accounting Tutorials

Manage your lessee and lessor accounting in one process If you’re a private organization, you’re probably new to lease accounting and looking for examples of how to achieve and maintain compliance with the FASB and GASB lease accounting standard. Whether you have thousands of leases or only a few, you still need to go through the process of identifying, abstracting, classifying, properly accounting for and managing your leases throughout their terms. Lease accounting experts from EZLease review detailed accounting examples for lessees and lessors and the important lease changes of ASC 842, GASB 87 & 96. We will highlight the lease data required for the accounting so you can achieve ongoing compliance now and in the future. Learning objectives:

• Understand the requirements of the lease accounting standards

• Understand the accounting for ASC 842, GASB 87 & 96 leases

• Understand the accounting for lessee and lessor leases

• Get practical steps to kickstart your compliance