Description

The International Financial Reporting Standard 16 (IFRS 16) on leases represents a significant change in the accounting treatment of leases for lessees. The new standard replaces the previous standard, IAS 17, and introduces a single, comprehensive approach to lease accounting that requires lessees to recognize all leases on the balance sheet. This course provides an in-depth understanding of the requirements of IFRS 16 and equip participants with the skills needed to apply the standard to real-world scenarios.

This course is designed for accounting and finance professionals, as well as auditors who are involved in financial reporting and leasing arrangements and will cover lessees accounting only.

Course Key Concepts: Leases, International Financial Reporting Standard, Lease accounting training, IFRS 16 overview, Leasing standard course, IFRS 16 for accountants, Accounting for leases, Lease liability accounting, Right-of-use asset accounting, financial reporting under IFRS 16.