Introduction

This webinar offers a comprehensive guide to accounting for leases under the International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs). Designed for Business Accountants and Business Accountants in Practice, it aims to demystify lease accounting, from classification to recognition and measurement, and explore the practical implications for financial reporting.

Category: Accounting

Channel 2: Growth

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Information

Available from: 15 January 2025

Format: Recorded Webinar

CPD Units: 2

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What will set you apart

By attending this webinar you will gain the following competencies

• Understand the fundamental principles of lease accounting as per IFRS for SMEs. 
• Learn to distinguish between operating and finance leases and apply the correct accounting treatment. 
• Gain insights into recognizing and measuring lease liabilities and right-of-use assets. 
• Analyse the impact of lease accounting on financial statements, including balance sheets and income statements. 
• Explore practical examples and case studies to address common challenges in lease accounting. 
• Stay updated on recent amendments or changes in IFRS for SMEs related to leases. 

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Certificate

The following event is awarded 2 CPD units in Accounting

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Presenter

Faith Ngwenya

An accomplished accounting professional with leadership roles in academia and industry standards, Faith currently supports CIBA’s Technical Team and chairs key industry committees.

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Get Access to Related Accounting Weekly Articles

Operating Leases, IFRS 16 and Tax: What You Need to Know

Please note reading Accounting Weekly articles count towards non-verifiable CPD.

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