IFRS 16 Leases

Deloitte Academy

Principles, Commercial Implications and Implementation Considerations | Presentation of the LEA Leasing Tool

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.


Time and duration Registration and Coffee: 08:30–09:00
Event duration: 09:00-13:30
Dates and venue 25 June 2019  – Deloitte Offices, Nicosia
26 June 2019 - Crowne Plaza Hotel, Limassol
Facilitators and keynote speakers Andreas Andreou | Partner | Audit & Assurance | IFRS Co-Leader 
Andreas Georgiou | Partner | Audit & Assurance | IFRS Co-Leader
Joanna Demetriou | Senior Manager | Audit & Assurance | IFRS Specialist
Anna Mytilinaiou | Senior Manager | Audit & Assurance | IFRS Specialist
Cost €100 + VAT per person (including lunch and coffee breaks) 
Language Greek for the event on 25 June 2019
English for the event on 26 June 2019


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