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Jennifer Louis, CPA, President of Emergent Solutions Group LLC
Jennifer has over 25 years of experience in designing and instructing high-quality training programs in a wide variety of technical and soft skills topics needed for professional and organization.
This instructor has 82 courses »To Access This Course:
Leasing guidance in International Financial Reporting Standards (IFRS) applies to property, plant, and equipment and other assets, with limited exceptions. This course highlights the accounting and financial requirements of this relatively new accounting standard.
Learning Objectives
- Explore how to identify a lease transaction under IFRS 16.
- Discover the impact of the latest lease accounting requirements on lessees and lessors.
- Recognize exceptions to on-balance-sheet lease accounting for lessees.
Last updated/reviewed: April 24, 2022
Included In Certifications
This course is included in the following Certification Programs:
17 CoursesIFRS Certificate Program
- General Considerations for Preparing Financial Statements in Accordance with IFRS
- IFRS vs. U.S. GAAP - Major Differences in Accounting
- 2022 IFRS Update
- IFRS for Small and Medium-Sized Entities Compared to Full IFRS
- Accounting for Revenue from Contracts with Customers per IFRS 15
- Accounting for Leases under IFRS 16
- IFRS - Accounting for Share-Based Payment Awards per IFRS 2
- Accounting for Financial Instruments under IFRS 9
- Accounting for Nonfinancial Assets under IFRS
- Accounting for Business Combinations under IFRS 3
- IFRS - Accounting for Employee Benefits per IAS 19 and IFRIC 14
- Accounting for Investments in Other Entities, Including Consolidation, under IFRS
- IFRS - Accounting for Income Taxes per IAS 12
- IFRS - Derivatives and Hedge Accounting under IFRS 9
- IFRS - Special Accounting Topics
- IFRS - Special Financial Reporting Issues
- IFRS - General Financial Statement Disclosures
20 Reviews (71 ratings)Reviews
It was good but I would have liked to have seen more journal entries. Conceptually I understood it but taking it a step further and showing things like entries at lease origination, or the allocation between buildings and land would have taken really made understanding easier IMO.
Overall very good and covers all aspects of lease accounting per IFRS. This course will provide a basic understanding of the new changes though there are no examples so application will need further research.
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
Good overview of the new lease accounting rules. I agree that specific examples would be helpful, even if very simple. Makes me wonder if our regulators are just bored.
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.
Leases standard is a complex one and explained by author in a detailed way. Please add examples, illustrations to make users comprehend the topic.
very informative course which i found very helpful as i was not too knowledgably on the topic at hand. Professor was very thorough in te topic.
Good survey course on the changes in lease accounting. A lot of variables to each component with a reasonable explanation of them.
nothing to add..................................................................................................................
I received a 100% on my exam. Ms. Louis explains each concept well. I do wish she would give more real world examples.
Practical examples if added would be helpful to provide comprehensive understanding of the topic.
This was a great course. The instructor covered the basics and then some. Very knowledgeable.
Very informative training course. Highly recommend to anyone in the audit/accounting field.
This course was helpful to understand the fundamentals of lease accounting under IFRS 16.
I would have like more examples of the concepts to make them more understandable.
Good course regarding leases especially for anyone is who is beginner.
I would have liked to have more examples of different kinds of leases.
Practical examples required for lessee and lessor accounting
Good course on the basics of lease accounting for IFRS
I enjoyed the course and found it very informative.
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 .