Watch the archived version of our August 2021 CPEA webcast, which covers the following topics
A&A update
SAS 145, Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement
ASU 2021-05, Lessors’ accounting for certain leases with variable payments
ASU 2021-07, Compensation—Stock Compensation (Topic 718) Determining the Current Price of an Underlying Share for Equity-Classified Share-Based Awards
Lease Transition under ASC 842
Overview of transition methods
Discussion of available practical expedients
Deep dive into effective date method