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Corporate Finance Institute

Accounting for Leases

via Corporate Finance Institute

Overview

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Accounting for Leases Course Overview

Accounting is how businesses communicate internally as well as to external stakeholders. Therefore, understanding accounting is critical for world-class financial professionals. It’s also important to understand how accounting choices impact comparability and profitability. In this course, we’ll define finance leases and operating leases, and how to account for each type. We’ll then analyze various metrics and see how they differ based upon the type of lease.

3-Statement Modeling Learning Objectives

Upon completing this course, you will be able to:
  • Recognize the difference between leasing or owning.
  • Learn the exceptions to lease accounting.
  • Learn and practice the accounting for Finance Leases.
  • Learn and practice the accounting for Operating Leases.
  • Analyze margins and ratios of finance leases vs. operating leases.
                      

Who Should Take This Course?

Accounting is the language of business so it’s critical for finance professionals to have a solid understanding of different accounting rules since these differences can lead to different financial results. This course is perfect for anyone that uses financial statements, including investment bankers, equity research analysts, and financial planning and analysis (FP&A) professionals.

Courses we recommend you take in advance

These prerequisite courses are optional, but we recommend you complete the stated prep course(s) or possess the equivalent knowledge prior to enrolling in this course: Financial Analysis Fundamentals  Accounting Fundamentals Reading Financial Statements

Syllabus

  • Introduction
  • Lease Accounting
  • Impacts Under IFRS & US GAAP
  • Putting It All Together
  • Summary

Taught by

Scott Powell and Jeff Schmidt

Reviews

4.9 rating at Corporate Finance Institute based on 14 ratings

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