Accounting for Leases – 09 January 2025

This webinar provides a comprehensive overview of the principles and practical applications of lease accounting under IFRS 16. The session is designed to equip accountants with the essential knowledge needed to properly account for leases, ensuring compliance with relevant standards.

Date:

9 January, 2025

Time:

Available from 08:00

Hours:

2 hours

CPD Units:

Category:

Accounting

Group:

Channel 2: Growth

Format:

Webinar

Product Information

This webinar will delve into the key principles and practical applications of accounting for leases, with a focus on IFRS 16 highlighting the implications for financial reporting. Attendees will gain insights into the recognition, measurement, and disclosure requirements for both lessees and lessors. The session will cover critical aspects such as right-of-use assets, lease liabilities, and the distinction between finance and operating leases. Participants will also learn about common challenges and complexities in lease accounting and how to navigate them to ensure compliance and accuracy in financial statements. This session is essential for accountants and finance professionals looking to stay updated with the latest standards and best practices in lease accounting

What will set you apart

By attending this webinar you will gain the following competencies:

Practical understanding of lease accounting under IFRS 16
Knowledge of key differences between full IFRS
Tools to accurately assess and account for leases in financial statements

Event breakdown

Introduction
Key objectives of IFRS 16
Inclusions
Exclusions & Special considerations
Definition of a lease
Important terms
Disclosure
Impact of IFRS 16
Transition
Challenges and considerations

Certificate

The following event is awarded 3 CPD units in Accounting

Presenter/s

Faith Ngwenya

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