Decoding IFRS 16: Mastery of Lease Accounting

This is a deep and extensive course created for professionals to understand the details of IFRS 16: Leases. Learn all the fundamentals and advanced capabilities of IFRS 16 and become well-prepared with good knowledge and hands-on applications needed to produce proper lease accounting and ensure compliance. From understanding the most basic structure of the standard to more profound insight into lease accounting on lessees and lessors, this course does well to be exhaustive of every range of knowledge one would require.

Recognise and Measure, Present, and disclose for Leases, particularly focusing on required elements in the recognition, that is right of use asset, identified asset, and even the calculations for the period of Lease terms and lease payments. The course includes initial and subsequent measurement of leases as well as practical case studies on modifications, subleases, and sale and leaseback transactions. Learn how to cope with variable lease payments as well as the details on discount rates under IFRS 16 and their implications for financial reporting.

The course is designed by an IFRS expert with many practical examples, interactive case studies, and detailed explanations that will equip you to handle the challenges of lease accounting effectively. It is useful for accountants, auditors, and other finance professionals in making financial decisions and strategic management of a lease agreement under the new international standards.