IFRS 16 Leases
This webinar forms part of the IFRS Programme.
Description
This webinar explores IFRS 16, which revolutionised lease accounting by introducing a single accounting model for lessees. Participants will learn about the recognition and measurement of leases, including the calculation of lease liabilities and right-of-use assets. The session also covers the practical challenges of implementing the standard and the disclosure requirements for both lessees and lessors.
This webinar provides one-hour of CPD and forms part of the IFRS Programme, delivered by Saket Modi.
Delegates places are interchangeable with colleagues from the same organisation.
Content
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Definitions of lease and lease terms
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Application of lessee right of use model
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Practical expedients and exemptions
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Lessor accounting
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Sale and leaseback transactions
Presenter
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Saket Modi Expert Trainer at the School of International Financial Services |
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Saket Modi is a London-based financial trainer and consultant. He has designed and facilitated workshops for finance professionals from over 50 countries in North America, Europe, Middle East, Africa and Asia-Pacific regions. Saket specializes in financial reporting and analysis (IFRS/IPSAS), including financial instruments and insurance contracts. He has spent considerable time working, advising and training in matters relating to IFRS, and delivered workshops for corporate, banks and similar financial institutions, public sector organizations, and professional services firms. Saket has facilitated courses on ESG reporting and effects of climate-related matters on IFRS financial statements, for organizations globally. Saket has written material on IFRS for Institute of Chartered Accountants in England and Wales (ICAEW) and was invited by the International Auditing and Assurance Standards Board® (IAASB®) to present on IFRS 9 at their board meeting in New York. He has also written financial statements guidance on IFRS 17 Insurance Contracts for Croner-i, UK’s leading information resource for tax and accounting professionals. In addition, he has written material on International Public Sector Accounting Standards (IPSAS) for the African Professionalization Initiative (API). Saket has previously worked with Lloyds Banking Group, Ernst & Young Wilkins Kennedy (now Azets) and PricewaterhouseCoopers. In addition to being a Chartered Accountant (India), Saket holds IFRS certificate from the ICAEW and IPSAS Diploma from the Chartered Institute of Public Finance and Accountancy (CIPFA). He has an MSc in Multinational Accounting and Financial Management from UK and is a CFA® charterholder. |