Master Lease Accounting: Analyze, Classify & Apply Standards

Build practical lease accounting skills to classify, measure, and analyze leases under ASC 842 and IFRS 16. You’ll begin with lease definitions, advantages and disadvantages, lease-versus-rent distinctions, key terminology, and operating lease treatment. Through structured formulas and numerical examples, you’ll calculate lease-related amounts and interpret their financial impact. As you progress, you’ll examine finance leases from the lessee’s perspective and evaluate sales-type and direct financing leases from the lessor’s perspective. You’ll apply revenue recognition, asset derecognition, and net investment principles before exploring the ASC 842 framework in greater depth. Practical exercises will help you determine lease terms and fixed payments, classify leases, and perform present value analysis. In the final stage, you’ll work through advanced lessor scenarios, assess impairment triggers, remeasure lease liabilities when assumptions change, and compare ASC 842 with IFRS 16 for global reporting. Designed for learners preparing for accounting roles and professionals involved in audit preparation, compliance reporting, or financial analysis, this course combines conceptual clarity with step-by-step calculations and applied problem solving. Its coverage of both lessee and lessor accounting helps you confidently interpret standards and perform accurate lease calculations in real-world scenarios.