Renee Rampulla has over twenty years of professional experience. She writes, lectures, and consults on technical accounting and auditing issues. Renee has extensive experience in the auditing of public and privately held entities ranging from the manufacturing and service sectors, to financial services. Previously she was a partner in a regional accounting firm in the northeast in charge of the firm’s accounting and auditing practice and their quality control group.
Renee is the president and founder of Rampulla Advisory Services, LLC. Her clients include nationally recognized professional organizations, accounting firms, companies, publishers and others. By devoting several years of her career at both regional and Big Four accounting firms Renee accumulated a wealth of technical and practical knowledge. In addition, she was a senior staff member of the American Institute of Certified Public Accountants (AICPA). At the AICPA Renee worked closely with senior technical committees, presented technical guidance before standard setters, and authored and updated several authoritative and non-authoritative publications. For several years Renee was an adjunct lecturer at a university in New York City where she taught numerous undergraduate accounting and auditing courses. Renee enjoys teaching and is an instructor and author of several continuing professional education courses for the New York State Society of Certified Public Accountants’ (NYSSCPA) Foundation for Accounting Education (FAE) and other organizations, covering a variety of accounting and auditing topics.
Renee holds a BBA in Public Accounting from Bernard M. Baruch College. She is a member of the AICPA, the NYSSCPA, the New Jersey State Society of Certified Public Accountants (NJSCPA), the Institute of Management Accountants, the American Woman’s Society of Certified Public Accountants, and the Association of Certified Fraud Examiners.
Renee serves as a committee member of the NYSSCPA’s Professional Ethics committee. She is currently the vice-leader of the NJSCPA’s Accounting and Auditing Standards Interest Group, becoming leader in June 2012. Previously she served as co-chair of the NJSCPA Accounting Standards and IFRS sub-committee interest groups.
Return to Instructor List
Which leases are within the scope of FASB ASC 842, Leases, and what are the
basic accounting, financial reporting and disclosure requirements? This course
addresses those questions by focusing on the basic core principles of this new
major standard. Discussion includes basic identification, recognition,
measurement, presentation and disclosure requirements. Case study exercises
are included to illustrate application of the standard.
This course discusses the lessee accounting model, including lease classification,
amortization of the right-of-use asset, and interest on the lease liability. This
course also discusses the lessor accounting model, including profit recognition
Accountants in practice and
This course is intended to familiarize the learner with the key aspects of the new
leases standard, FASB ASC 842. When you complete this course you will be able
Recognize arrangements which meet the scope requirements for lease
accounting under FASB ASC 842.
Recognize lessee accounting requirements for operating leases and
finance leases under FASB ASC 842.
Recognize lessor accounting requirements for sales-type, direct financing
and operating leases under FASB ASC 842.
Recognize presentation requirements for lessees and lessors under FASB
Recognize business factors to consider when implementing FASB ASC