The last ditch efforts to defer application of the new leasing standard have been denied!  Therefore, beginning with annual periods ending after December 15, 2022, all lessees must capitalize all operating leases by recording a lease liability and a right-of-use asset.  This class takes you from adoption, through journal entries to write off of leasing related assets, to presentation and disclosure issues and other implementation problems experienced by those who have adopted the standard early.  MUST KNOW items if you work with leases as a lessee!