Course description
The new lease standard, IFRS 16 Leases, significantly changes the way lessees will account for nearly all leases. Aimed at both financial accountants, auditors and other professionals involved in lease accounting, this webinar will recap on the accounting treatment and focus on some of the other considerations in implementing the new standard.
Join presenter Clare Jones as she discusses how to apply the new accounting treatment for nearly all leases, and helps you to understand some of the considerations in applying the accounting principles. The principles to be covered include assessment of the lease term and variable payments, accounting for non-lease components, and determining the discount rate.
Clare is an experienced accountancy trainer, specialising in IFRS, FRS102, financial reporting and auditing, so be sure to tune in to benefit from her expertise.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
The new lease standard, IFRS 16 Leases, significantly changes the way lessees will account for nearly all leases.
Aimed at both financial accountants, auditors and other professionals involved in lease accounting, this webinar will recap on the accounting treatment and focus on some of the other considerations in implementing the new standard.
What You Will Learn:
This webinar will cover the following:
- Applying the new accounting treatment, for nearly all leases, recognising a right-of-use asset and corresponding lease liability
- Understanding some of the considerations in applying the accounting principles, including:
- Assessment of the lease term
- Assessment of variable payments
- Accounting for non-lease components
- Determining the discount rate
- Impairment considerations
- Identifying embedded leases
- Accounting for sub-leases
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...