IFRS 16 Leases

Brief description

The new lease standard establishes a new accounting model for lessees by eliminating substantially all off-balance sheet accounting for leasing transactions. Lessor accounting is largely unchanged compared to IAS 17.

IFRS 16 might affect key metrics, decisions such as lease or buy and might extend to affect negotiations of lessees with lessors and other lenders. Budgets, management reports and other areas in the operational side of an entity may be affected. Awareness of the standard is important for parties at either side of the contract.

Our IFRS 16 Leases seminar is addressed to corporate organizations that would like to be able to interpret the IFRS 16 requirements and understand the commercial and operational implications that the accounting for leases might have.

Our IFRS 16 specialists Andreas Andreou and Andreas Georgiou, Partners and IFRS Co-Leaders together with Joanna Demetriou and Anna Mytilinaiou, Senior Managers of our IFRS Excellence Centre will be sharing their views on how to best implement IFRS 16 and providing practical recommendations on how to address the standard’s requirements.

Our course is eligible for 4 CPD Credits.

Who should attend the course?

The workshop is addressed to Chief Financial Officers, Financial Controllers, Finance Directors, Finance Managers, Financial Auditors, Accountants as well as Service Providers.

Programme