Purchase Course

IFRS 16 - Leases   

1.5

Total CPE
Tuition
$165.00
Approximate Length
01:30:00
Course Number
18-WB-609
1.5

Total CPE
Tuition
$165.00
Approximate Length
01:30:00
Course Number
18-WB-609

Course Details

This course explains when to apply IFRS 16 and lessee and lessor accounting models in IFRS 16. The course also highlights differences between IFRS and US GAAP.

By the end of this course, participants should be able to:

  • recall requirements of IFRS 16 Leases with respect to scope, lease definition, lessee and lessor accounting
  • recall requirements of IFRS 16 with respect to sale-and-leaseback transactions, subleases and investment property
  • apply requirements in IFRS 16 to identify a lease and to determine the initial and subsequent accounting, including measurement of the lease liability and right-of-use assets
  • apply requirements of IFRS 16 to sale-and-leaseback transactions and subleases
  • recognize the key differences between IFRS 16 Leases and ASC Topic 842 Leases.

Note: This course references data and sources that were available at the time of development. Please visit the Financial Reporting View website for the most up-to-date guidance and insights.

Keywords: Leases, IFRS 16, Lessee, Lessor, Accounting, Sale-and-leaseback Transactions, ASC Topic 842, Accounting

Other Details

Special Notice/Instruction: CPE credits will be awarded upon successful completion of the content and passing the exam with a grade of 70 or higher. In accordance with NASBA requirements, you must complete and pass the exam within one year of your enrollment in the program.

NASBA Delivery Type: Self-Study

Advance Preparation: There is no advance preparation for this course.


Level of Knowledge: Basic
Field of Study: Accounting - 1.5
Delivery Method: Web Based Self Study

This course explains when to apply IFRS 16 and lessee and lessor accounting models in IFRS 16. The course also highlights differences between IFRS and US GAAP.

By the end of this course, participants should be able to:

  • recall requirements of IFRS 16 Leases with respect to scope, lease definition, lessee and lessor accounting
  • recall requirements of IFRS 16 with respect to sale-and-leaseback transactions, subleases and investment property
  • apply requirements in IFRS 16 to identify a lease and to determine the initial and subsequent accounting, including measurement of the lease liability and right-of-use assets
  • apply requirements of IFRS 16 to sale-and-leaseback transactions and subleases
  • recognize the key differences between IFRS 16 Leases and ASC Topic 842 Leases.

Note: This course references data and sources that were available at the time of development. Please visit the Financial Reporting View website for the most up-to-date guidance and insights.

Keywords: Leases, IFRS 16, Lessee, Lessor, Accounting, Sale-and-leaseback Transactions, ASC Topic 842, Accounting

Special Notice/Instruction: CPE credits will be awarded upon successful completion of the content and passing the exam with a grade of 70 or higher. In accordance with NASBA requirements, you must complete and pass the exam within one year of your enrollment in the program.

NASBA Delivery Type: Self-Study

Advance Preparation: There is no advance preparation for this course.


Level of Knowledge: Basic
Field of Study: Accounting - 1.5
Delivery Method: Web Based Self Study
Purchase Course