4.00 (2 reviews)
☑ Overview of IFRS 16- leases.
☑ How to identify a lease contract under IFRS 16.
☑ Practical case study on a lease contract identification.
☑ Recognition and measurement of lease contract under lessee accounting.
☑ How to determine short-term and low value leases.
☑ How to make transition in financial statements.
☑ Numerical examples on IFRS 16 adoption ( in Excel sheet).
☑ How to calculate sale and lease-back transactions under IFRS 16.
☑ Practical examples on sale and lease-back transactions.
☑ Learn lessor accounting under IFRS 16.
☑ Practical case study on lessor accounting.
☑ Questions and solutions to test your knowledge.
It is a complete guide to international financial reporting standard IFRS 16 leases as well as comparison with the old standard IAS 17 leases
Prescribes the accounting treatment for a lease contract under both lessee and lessor accounting.
Sets recognition, measurement and disclosure of a lease contract.
Provides numerical case studies on how to make transition from IAS 17 leases to IFRS 16 leases.
This course tackles sale and lease back transactions under lessee accounting.
Prescribes and gives practical solution on how to deal with finance and operating leases under lessor accounting.
Introduction to IFRS 16 leases
Introduction to IFRS 16- leases.
How to identify a lease contract under IFRS 16
Practical case study on a lease contract identification
Test your knowledge
lessee accounting under IFRS 16- leases
Recognition and measurement of a lease contract under a lessee accounting
Short-term and low value assets under IFRS 16 - leases
How to adopt IFRS 16 leases.
Test your learning knowledge on lessee accounting
Numerical example:how to adopt IFRS 16 using full retrospective approach (Excel)
Approach to a practical example
How to account the present value of lease payment
How to calculate a lease liability
Comparison of impact between IFRS 16 and IAS 17 in equity
Restatement entries before January 2018
Restatement entries before January 2018 lecture2
Restatement entries for comparative and current reporting period
How to represent right of use asset in financial position
How to represent a lease liability in financial position
How to show a lease expenses in profit or loss
Practical example on modified retrospective approach (MS excel)
Present value of lease payment under modified retrospective approach
Present value of lease payment under modified retrospective approach - 2
How to account a lease liability under modified retrospective approach
Adjustment entries under modified retrospective approach
How to show the right of use asset and lease liability in financial position
How to show the operating lease expenses in profit or loss statement
Sale and lease back accounting
How to treat sale and lease back transactions
Practical case study question under sale and lease back
How to recognise gain or loss a raising from sale and lease back ( solution)
Numerical example: The accounting treatment for operating leases.