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On-Demand Webinar

FRS 102 : Detailed Lease Transition Example

Calendar IconOn-Demand
Level
Basic
Subject
Accounting
Cost
Free
CPE Credits
N/A

Learning Objectives

  • Establish a basic understanding of FRS 102 and how it may apply to you.
  • Learn to compare and contrast the lease accounting treatment from FRS 102 to IFRS 16.
  • Understand the proper accounting treatment for a lease under FRS 102 through an example.
  • Acquire knowledge of the benefits of using a software for FRS 102 compliance.

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Meet the Speaker

Jaron Moss

Course Description

During this session, one of our lease accounting experts, Rachel Reed, will provide an introduction to the amendments to FRS 102 and walk through how the amendments compare to the IFRS 16 lease accounting standard. We will explain important considerations presented in the FRS 102 amendments, discuss the similarities and differences of the standards, and review a detailed example from start to finish, including the appropriate amortization schedule and journal entries.
What Covered