IFRS 16 - Leases

Financial accounting & reporting

Course

IFRS 16 - Leases

Instructor: AICPA

  • Format

    Course - Online

  • Level

    Basic

  • Duration

    3 hours

This course provides comprehensive guidance on identification, recognition, measurement, and presentation and disclosure requirements of lease accounting.

Learning outcomes

  • Learning outcomes: Identify the nature, economic substance, and advantages of lease transactions
  • Apply the accounting for leases by lessees
  • Apply the accounting for leases by lessors
  • Distinguish the accounting and reporting for special features of lease arrangements

£49.00 (CIMA members only)

£59.00

VAT calculated on checkout

Product information

Overview

Still mastering the latest IASB requirements on lease accounting? This course can help by providing an in-depth look at IFRS 16, the new lease standard, which requires organisations to recognise lease assets and liabilities on the balance sheet and to disclose key information about lease arrangements.

This course provides comprehensive guidance on identification, recognition, measurement, and presentation and disclosure requirements of lease accounting. We address both the lessee and lessor accounting models, and provide real-life examples and helpful illustrations to ensure proper understanding of the new requirements.

This course also discusses the differences between IFRS 16 and U.S. GAAP Guidance in FASB ASC 842.

Topics discussed:

  • Advantages of leasing
  • Initial recognition, measurement and presentation of lease liabilities and lease assets
  • Subsequent lease accounting
  • Lease classification
  • Sales-type and direct financing leases
  • Disclosure requirementhe differences between IFRS 16 and U.S. GAAP Guidance in FASB ASC 842

.

Professional development

This Course - Online offers 3 hours of CPE credit.
Note on CPE Requirements and Credits
All learning resources available in the CGMA Store qualify for CPD for CIMA members.

Field of study: Accounting
Prerequisites:None
Programme level:Basic
Duration:3 hours
Format:Course - Online
Access:This is a digital product. You will have access to the content for a year after purchase date.

Return and refund policy

£49.00 (CIMA members only)

£59.00

VAT calculated on checkout

Instructor

  • AICPA