IFRS 16 Leases هذه الدورة تدرس باللغة الإنجليزية

تفاصيل الدورة

With trillions of US dollars of assets being held off the balance sheet the IASB and FASB had the leases convergence project as a priority. The process has taken a significant amount of time to come through to a new standard and the implications will have a significant impact on every organisation. With a new definition of what constitutes a lease and with all operating leases coming onto the balance sheet, financial statements of lessees will look very different. IFRS 16 is effective for periods beginning on or after 1 January 2019 but there is a lot of work to be done prior to the standard becoming effective.

By the end of this course, delegates will be able to understand the following:

• The need for a new standard 
  
• Brief recap of IAS 17 
  
• Transition 
  
• The new model 
  
• Definition of a lease 
  
• Exemptions and exceptions 
  
• Accounting treatment for lessee 
  
• Accounting treatment for lessor 
  
• Practical implications 
  
• Preparation for adoption
  

This course is ideal for accountants, auditors, treasury and finance professionals, management accountants, lessors and lessees and those who need to prepare their teams for the implementation of IFRS 16.