This course offers a focused and practical understanding of IFRS 16, equipping professionals with the skills to recognize, measure, and disclose leases in financial statements. Aligned with international accounting standards, it prepares participants to apply lease accounting principles accurately, ensure compliance, and handle common challenges in lease reporting effectively.
Course Outline
Module 1 – Introduction to IFRS 16 & Scope of Leases
Module 2 – Key Principles: Recognition, Measurement & Presentation
Module 3 – Identifying Leases and Lease Components
Module 4 – Accounting for Lease Liabilities and Right-of-Use Assets
Module 5 – Lease Modifications & Reassessment
Module 6 – Short-Term Leases and Low-Value Assets
Module 7 – Practical Examples and Case Studies
Module 8 – Financial Statement Disclosures & Notes
Module 9 – Common Challenges and Error Prevention
Module 10 – Audit Readiness and Compliance Best Practices
Faculty
Our expert faculty consists of seasoned accounting and finance professionals with extensive experience in IFRS implementation and financial reporting. They provide practical insights, case studies, and the latest regulatory updates to ensure participants gain actionable knowledge.
Who is it Designed For?
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Finance and Accounting Professionals
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Auditors and Compliance Officers
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Corporate Executives and Managers
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Tax Consultants and Advisors
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Business Owners and Entrepreneurs
What Will You Gain?
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In-depth Knowledge: Thorough understanding of IFRS 16 lease accounting principles, recognition, measurement, and disclosure requirements.
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Practical Skills: Hands-on experience with lease accounting and financial statement preparation.
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Error Prevention: Strategies to avoid common pitfalls and ensure accurate reporting.
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Compliance Confidence: Ability to meet regulatory and audit requirements with confidence.
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Professional Development: Enhance your accounting expertise and stay current with evolving financial reporting standards.
By the end of this course, participants will be fully equipped to navigate the complexities of IFRS 16 leases, apply the standard accurately, and produce compliant financial statements with confidence.
