To Access This Course:
Leasing guidance in International Financial Reporting Standards (IFRS) applies to property, plant, and equipment and other assets, with limited exceptions. IFRS 16 is effective for annual periods beginning on or after January 1, 2019, with early adoption as of January 1, 2018 permitted. This course highlights the accounting and financial requirements of this new accounting standard.
Learning Objectives
- Explore how to identify a lease transaction under International Financial Reporting Standard (IFRS) 16.
- Discover the impact of the new lease accounting requirements on lessees and lessors.
- Recognize exceptions to on-balance-sheet lease accounting for lessees.
Last updated/reviewed: October 25, 2018
5 Reviews (23 ratings)Reviews
Jon Koepke
(Consultant at in transition)
Great insight on how Lease Accounting will change under IFRS 16. And all the decisions that must be made in properly booking right of use asset and liabilities starting next year
Vickie Jackson
(Accounting Manager at NewStar Sourcing and Service)
Excellent overview of the new rules on leases. Would have liked to seen some examples of the different situations that were discussed in the course.
Ramakrishna Nalluri
(Senior Financial Analyst at Morneau Shepell Inc)
Leases standard is a complex one and explained by author in a detailed way. Please add examples, illustrations to make users comprehend the topic.
Donald Heley
(Sr. Financial Analyst at None)
I would have liked to have more examples of different kinds of leases.
Anonymous
(Manager)
Good course on the basics of lease accounting for IFRS
Prerequisites
Course Complexity: Intermediate
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .