IFRS 16

IFRS 16 Leases, effective since 1 January 2019, brought a significant shift in lease accounting by requiring lessees to recognize nearly all leases on the statement of financial position. This standard introduces the concept of right-of-use assets and corresponding lease liabilities, enhancing transparency and comparability across financial statements. This webinar provides a clear and structured overview of the standard and its application in practice.

You’ll gain insight into the scope of IFRS 16, the distinction between lease and non-lease components, the new accounting model for lessees, and key considerations such as variable lease payments, exemptions, and determining the lease term. This course is essential for accounting professionals seeking to stay current with IFRS standards and improve their lease accounting practices.