Training on IFRS 16 / FRS 116: Leases:

Accounting and financial reporting of leases in accordance with IFRS 16 and FRS 116.

Duration: 4 Hours.

  • Discuss and apply the lessee accounting requirements for leases including the identification of a lease and the measurement of the right of use asset and liability
  • Discuss and apply the accounting for leases by lessors
  • Discuss and apply the circumstances where there may be re-measurement of the lease liability
  • Discuss and apply the reasons behind the separation of the components of a lease contract into lease and non-lease elements
  • Discuss the recognition exemptions under the current leasing standard
  • Discuss and apply the principles behind accounting for sale and leaseback transactions.

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Course Cancellation / Reschedule Policy

OutsourcingWise reserves the right to cancel or reschedule the course due to unforeseen circumstances. If the course is cancelled from our end, management will refund 100 % to its participants

Note: the minimal class size to start the class would be 3 pax