IFRS®: Leases (IFRS 16)
Key principles of lease accounting under IFRS 16, Leases, are covered to help you ensure accurate lease accounting under IFRS® Standards.
Format
Online
NASBA Field of Study
Accounting
Level
Basic
CPE Credits
1
Author(s)
AICPA and CIMA staff, Helen Kerrigan
Availability
1 year
Product Number
IFRSCERTK25SSO
Key principles for lease accounting under IFRS® Standards
You'll learn the key principles of IFRS 16, Leases, which provides the necessary guidance to account for leases under IFRS Standards. The foundational concepts you'll cover include:
- IFRS 16’s scope and relevant definitions
- Lessee accounting
- Lease liability and right-of-use asset recognition and measurement
Relevant in today's business environment
Many of the world's largest capital markets require or permit the use of International Financial Reporting Standards®.
Whatever your location, you could easily find yourself with a client subject to IFRS requirements.
Understanding IFRS requirements will help you better assist clients subject to these standards and enable you to effectively compete in the modern business world.
Real-world case studies
This course includes case studies and examples to help you apply IFRS Standards to realistic scenarios you may encounter in practice.
This course is part of the IFRS Certificate Program — a comprehensive, integrated curriculum that will give you the foundational training, knowledge, and practical guidance in international accounting standards necessary in today's global business environment.
Who Will Benefit
- Accounting and finance professionals who work for private or public multinational organizations that have adopted IFRS® Standards.
- Accountants in public practice who provide audit or assurance services to private or public multinational organizations that have adopted IFRS Standards.
Key Topics
- IFRS 16’s scope and relevant definitions
- Lessee accounting
- Recognition and measurement of a lease liability and right-of-use asset
- Disclosure requirements
- Impact of IFRS 16 and comparisons to U.S. generally accepted accounting principles
Learning Outcomes
- Indicate whether an arrangement is (or contains) a lease and is within the scope of IFRS 16, Leases.
- Recall how to account for leases under IFRS 16 (with focus on lessee accounting).
Group ordering for your team
2 to 5 registrants
Save time with our group order form. We’ll send a consolidated invoice to keep your learning expenses organized.
Start order6+ registrants
We can help with group discounts. Email client.support@aicpa-cima.com
US customers call 1-800-634-6780 (option 1)
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