IFRS 16 - Leases

Are you an accounting and finance professional or a student pursuing qualifications like ACCA, CIMA, CA, ICAEW, CAT, BBA, or MBA studying Financial Accounting under IFRS? This course is designed for you!

Course Overview: Master IFRS 16 Leases

This comprehensive course delves into the principles for measuring and recognizing leases as mandated by IFRS 16. We'll explore the core concepts of Right of Use Assets and Lease Liabilities, dissecting the nuances of the lease and the service contract.

Understanding the Shift from IAS 17 to IFRS 16

IFRS 16 represents a significant update, replacing the previous standard IAS 17 – Leases. The primary driver behind this change was to eliminate "Off Balance Sheet Financing," a weakness of IAS 17. With IFRS 16, businesses are now required to recognize nearly all lease assets and liabilities on their statement of financial position (SOFP). This provides a more transparent and accurate representation of a company's financial health.

A Complete Guide to IFRS 16 Lease Accounting

This course is a complete learning resource for anyone needing to understand the treatment of revenue under IFRS 16. You'll benefit from:

• Complete lecture videos explaining the standard in detail.
• Extensive questions, solutions, and case studies to solidify your understanding.

About the Instructor

Learn from an experienced professional! I am a qualified accounting and finance professional with over twenty years of experience. I have a passion for teaching and have delivered accounting and finance courses to over twenty thousand delegates, including students, aspiring accountants, chief accountants, and finance managers, for more than fifteen years.