IFRS 16 - Leases

A Complete Course on IFRS 16 Leases

WHO THIS COURSE IS FOR
Accounting and Finance Professionals as well as students from ACCA, CIMA, CA, ICAEW,, CAT BBA, MBA and others studying Financial Accounting and Financial Reporting under IFRS

COURSE OVERVIEW
The course covers in detail the principles for measurement and recognition of leases as prescribed by IFRS under IFRS 16. The course focuses on the concepts of Right of Use Assets, Lease liability, the lease, and the service contract.

IFRS 16 is a relatively new standard that has replaced the old standard IAS 17 - Leases. One of the main reasons of introducing IFRS 16 was to avoid "off-balance sheet financing," which IAS 17 was unable to block. After the introduction of IFRS 16, businesses are now obliged to bring back all the assets to their statement of financial position, which previously were shown as operating leases and thus did not appear as assets or liabilities on the SOFP.

It is a complete guide kit for those who want to learn the treatment of Revenue under IFRS 16. The course includes a complete lecture video on standards as well as several questions, solutions, and case studies.

TOPICS COVERED
A comparison between old standard IAS 17 and the new standard IFRS 16
Off balance sheet financing, the problems it caused in the past, and how IFRS 16 kills this.
Understand what was wrong with the old standard and how does IFRS 16 solves those issues
Lessee Accounting
Measurement of Right of Use Asset and Lease Liability Sale and leaseback transactions.
Exemptions: short-term and small value leases Remeasurement of lease liability Lessor accounting for leases
Case studies to show the application of IFRS 16

Lecture Videos
Comprehensive yet easy-to-understand lecture videos provide complete coverage of the exam syllabus. View Tables of Contents  

Practice Question Videos
Videos for exam questions from practice kit and previous exam questions.
Explanations are included for all answer.  

Short Notes
Our exam focused short notes are up to date and well prepared by our experts.  These notes are good source for revision before exams.

Course Curriculum

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Course Pricing

  • IFRS 16 - Leases

    $15 USD

    A guide on IFRS 16 Leases as well as a comparison of IFRS 16 with the old standard IAS 17

  • Detailed video lectures covering the entire topic IFRS 16
  • Questions and solution videos
  • Quizzes
  • Certificate of completion
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