Free Cheat Sheet Included! Master Lease Accounting for the CPA Exam | Maxwell CPA Review

This video by Kyle Ashcraft of Maxwell CPA Review covers everything you need to know about accounting for leases on the CPA Exam. You'll learn how to distinguish between finance leases and operating leases, and how to record the journal entries for each type of lease. This is a great resource for CPA exam takers looking to master lease accounting. In the video, Kyle also offers private online tutoring for the CPA Exams. You can visit maxwellcpareview.com for more information.

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Learn about the differences between finance and operating leases, along with the journal entries needed for each type of lease. In this video, I walk students through a full example of lease accounting, including the journal entries from start to finish.

𝗖𝗵𝗲𝗰𝗸 𝘂𝘀 𝗼𝘂𝘁 𝗼𝗻 𝘀𝗼𝗰𝗶𝗮𝗹 𝗺𝗲𝗱𝗶𝗮:
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Video Chapters:
0:00 - Intro
0:31 - Distinguishing Between Finance Lease vs Operating Lease
2:13 - What Happens Throughout the Life of a Lease
3:06 - Finance Lease Example
10:40 - Operating Lease Example

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𝗧𝗵𝗮𝗻𝗸𝘆𝗼𝘂 𝗳𝗼𝗿 𝘄𝗮𝘁𝗰𝗵𝗶𝗻𝗴: Free Cheat Sheet Included! Master Lease Accounting for the CPA Exam | Maxwell CPA Review

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