Understanding Leases: A Comprehensive Guide

This certificate program on leases provides an in-depth understanding of lease agreements, which are essential contracts between lessors and lessees for the use of various assets, including property, vehicles, and equipment. Participants will explore the fundamental principles of leasing, including the rights and responsibilities of both parties involved. The course covers the three primary types of leases—gross, net, and modified gross—equipping learners with the knowledge to navigate lease agreements effectively. By the end of this course, you will have a solid foundation in lease accounting and classification, essential for both lessees and lessors.