Making Leases Make Sense: Applying ASC 842 to Real Contracts

5 CPE Credit Hours

After completing this course, participants will be able to:

Distinguish leases from services and identify embedded leases in common vendor arrangements.

Calculate initial ROU assets and lease liabilities with defensible assumptions.

Apply reassessment and modification guidance without breaking your schedules.

Build a close-ready lease process with reconciliations and repeatable disclosures.

QAS Self-Study

Prerequisites: None

Advance preparation: None

Field of Study: Accounting – Technical

5 CPE credits

Published Date: 04/02/2026

Expiration/Review Date:04/02/2027

Participants must successfully complete the qualified assessment with a minimum of 70% accuracy within one year of course enrollment to obtain a certificate of completion and earn 5 CPE credits.