- TX Credits : 0.2
This 10-minute course explores the definition of a lease under ASC 842. It explores the concepts of identified asset, control, and substantive substitution rights.
Checkpoint Learning is committed to bringing innovative solutions to you, now including nano-learning! As per NASBA Standards, a nano-learning course is a 10-minute, electronic, self-study course in which you are eligible to earn 1/5 (or 0.2) CPE credits.
At this time, nano-learning is not accepted by all state boards. If you are not sure whether your state board accepts nano-learning, you can ask your state board or visit the NASBA registry: (nasbaregistry.org).
Included with subscription(s):
Upon successful completion of this course, the user should be able to:
recognize key components that qualify a contract to be defined as a lease.