Course description
IFRS 16 Leases accounting requires nearly all leases to be recognised on the Statement of Financial Position. The measurement requirements may involve challenges, including the discount rate used, the lease term and subsequently measuring the right of use asset and the lease liability.
Presented by experienced accountancy trainer and IFRS specialist Clare Jones, this webinar will provide an overview of the accounting treatment and consider the impact of current market conditions together with the more challenging areas, using illustrative examples.
This webinar is ideal for financial accountants, auditors and other professionals involved in lease accounting.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
IFRS 16 Leases accounting requires nearly all leases to be recognised on the Statement of Financial Position. The measurement requirements may involve challenges, including the discount rate used, the lease term and subsequently measuring the right of use asset and the lease liability.
This webinar will provide an overview of the accounting treatment and consider the impact of current market conditions and the more challenging areas, using illustrative examples.
It is ideal for financial accountants, auditors and other professionals involved in lease accounting.
What You Will Learn
This webinar will cover the following:
- Applying the accounting principles in recognising and measuring a right-of-use asset and corresponding lease liability:
- Assessment of the lease term
- Assessment of variable payments
- Accounting for non-lease components
- Determining the discount rate
- Accounting for modifications
- Applying the principles to more challenging areas:
- Impairment considerations
- Accounting for sub-leases
- Accounting for leases within groups
- Overview of the disclosure requirements
Expenses
MBL Seminars Limited
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