Ifrs 16 Leases Accounting

Tags: IFRS

The only practical insights to lease accounting you need: Includes comparison with erstwhile IAS 17 & IndAS 116

Last updated 2022-01-10 | 4.4

- IFRS 16: Leases
- The genesis of lease accounting & its impact on the cash-flows of the company

What you'll learn

IFRS 16: Leases
The genesis of lease accounting & its impact on the cash-flows of the company

* Requirements

* Basic accounting knowledge
* A desire to learn the real business impacts of an accounting concept

Description

(We do not have the monotonous 'Face to Face' monologue videos, but highly interactive 'LIVE session' videos that help you to learn from the faculty as well as from the doubts asked by the participants - giving you the experience of attending a LIVE classroom batch.)

Welcome to a brand new way of learning IFRS!

Learn the concepts of IFRS 16 online  - Leases, with practical aspects of implementing this standard - filled with role-plays & case study-based discussions delivered by a subject matter expert, in a simple, easy-to-understand manner.

This course has been designed for students and professionals alike, with an equal focus on the accounting entries, along with their implications on the business.

Tricky concepts like sale & lease-back transactions, the impact of new lease accounting on the cash flow statement of the company, and other advanced concepts have been explained for learners of all levels.


What makes this IFRS 16 online course unique? 

You will learn how IFRS 16 is implemented in real-life scenarios with demonstrations on Excel. The course features two-way interactions between the faculty and the students: facilitating real-time doubt solving & conceptual clarity.


Course Content: What will you learn?

1. Introduction to IFRS 16 & the Genesis of the Standard
2. Scope of IFRS 16 - Explained with Real-Life Examples
3. Right-of-Use Asset & Liability
4. Leases & their various Components: Classification, Measurement & Re-measurement
5. Accounting Treatment: Understand the Far-Reaching Impacts for Companies
6. Sale & Lease-back Transactions
7. Sub-Leases
8. Lease Modifications
9. Comparison & GAAP differences


What does this IFRS 16 video course include?

- 4 hours of on-demand videos on IFRS 16  
- Full Lifetime Access
- Access on mobile and TV
- Certificate of Completion
- Action Plan for Adoption
- IFRS Interview Prep Guide

Who this course is for:

  • Students learning IFRS, ACCA DipIFR, ACCA SBR, ACCA CertIFR Students of ACCA, CIMA, CA, ICWA, BBA, MBA and other accounting or financial reporting courses, Accounting and Finance professionals, Executives, Managers and Senior Professionals

Course content

1 sections • 13 lectures

Introduction to IFRS 16 Preview 23:47

Scope of IFRS 16 Preview 07:09

Exemption from recognising ROU Asset & Liability Preview 01:12

Lease Definition Preview 59:21

Measurement Preview 46:38

Re-Measurement Preview 01:22:33

Classification of Lease Preview 15:46

Accounting Treatment Preview 36:22

Sale and Lease-back Transaction Preview 49:12

Sub-Lease Preview 09:42

Installment Sales Preview 01:05

Retrospective and Modified Retrospective Approach Preview 05:16

GAAP Differences- Ind AS, IFRS, Indian GAAP Preview 04:16