Course Overview
The IFRS 16 - Leases Certification Training is a comprehensive, self-paced online professional training course designed to build practical, job-ready expertise in IFRS 16. It explores IFRS 16, Right-of-Use Asset, Lease Liability, Lessee Accounting and Lessor Accounting and equips you with the skills to identify whether a contract contains a lease, measure the right-of-use asset and lease liability and account for lease payments, discount rates and terms. Delivered 100% online and fully self-paced, this IFRS 16 course lets you learn anytime and at your own pace, with expert-developed content, real-world case studies, practical exercises and downloadable resources. It is ideal for finance & accounting professionals and auditors & analysts, and for anyone looking to strengthen their skills, accelerate their professional development and advance their career in Finance, Accounting & IFRS. On completion you earn a recognised, CPD-eligible Certificate of Completion.
Course Description
The IFRS 16 - Leases Certification Training combines expert knowledge with practical, real-world application. It is suitable for finance & accounting professionals, auditors & analysts, reporting & compliance staff and finance certification candidates, and for other professionals seeking to develop their expertise and advance their careers in Finance, Accounting & IFRS.
The course examines the core principles, tools and techniques of IFRS 16, and develops the practical capabilities required to identify whether a contract contains a lease, measure the right-of-use asset and lease liability and account for lease payments, discount rates and terms.
What's Included:
- Comprehensive IFRS 16 training
- Coverage of the key Finance, Accounting & IFRS knowledge areas
- Scope & Lease Identification
- Initial Measurement
- Subsequent Measurement
- Exemptions & Practical Expedients
- Lessor Accounting
- Presentation & Disclosure
- Practical case studies and real-world workplace scenarios
- Interactive exercises and applied learning activities
- Downloadable templates, tools and resources
- Practical application of IFRS 16 concepts
- CPD-eligible Certificate of Completion
Key Skills Gained in the Course
Participants will develop skills in:
- IFRS 16
- Right-of-Use Asset
- Lease Liability
- Lessee Accounting
- Lessor Accounting
- Lease Disclosures
- Scope & Lease Identification
- Initial Measurement
- Subsequent Measurement
- Exemptions & Practical Expedients
- Presentation & Disclosure
- Stakeholder communication and engagement
- Analytical and critical thinking
- Strategic decision-making
- Applying professional best practice
- Driving continuous improvement
Course Key Features
Identify whether a contract contains a lease
Measure the right-of-use asset and lease liability
Account for lease payments, discount rates and terms
Handle reassessments, modifications and exemptions
Apply lessor accounting requirements
Prepare presentation and disclosures
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Who Usually Attend
Finance & Accounting Professionals
Accountants, controllers and finance staff applying reporting standards.
Auditors & Analysts
Internal and external auditors and financial analysts.
Reporting & Compliance Staff
Professionals responsible for financial reporting and compliance.
Finance Certification Candidates
Those advancing their finance and accounting credentials.
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Contact UsCourse Outline
Definition of a lease
Identified asset and control
Separating components
Right-of-use asset
Lease liability and discount rate
Lease term and options
Depreciation and interest
Reassessment and remeasurement
Lease modifications
Short-term and low-value leases
Portfolio approach
Transition reliefs
Finance vs operating leases
Lessor measurement
Sale and leaseback
Statement presentation
Disclosure requirements
Worked examples
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