IFRS 16 Leases (Interactive LIVE Recording)
The only practical insights to lease accounting you need: Includes comparison with erstwhile IAS 17 & IndAS 116
Updated on Oct, 2023
Language - English
Finance,Finance & Accounting,Business
Lectures -13
Duration -5.5 hours
Course Description
(We do not have the monotonous 'Face to Face' monologue videos, but highly interactive 'LIVE session' videos that help you to learn from the faculty as well as from the doubts asked by the participants - giving you the experience of attending a LIVE classroom batch.)
Welcome to a brand new way of learning IFRS!
Learn the concepts of IFRS 16 online - Leases, with practical aspects of implementing this standard - filled with role-plays & case study-based discussions delivered by a subject matter expert, in a simple, easy-to-understand manner.
This course has been designed for students and professionals alike, with an equal focus on the accounting entries, along with their implications on the business.
Tricky concepts like sale & lease-back transactions, the impact of new lease accounting on the cash flow statement of the company, and other advanced concepts have been explained for learners of all levels.
What makes this IFRS 16 online course unique?
You will learn how IFRS 16 is implemented in real-life scenarios with demonstrations on Excel. The course features two-way interactions between the faculty and the students: facilitating real-time doubt solving & conceptual clarity.
Course Content: What will you learn?
1. Introduction to IFRS 16 & the Genesis of the Standard
2. Scope of IFRS 16 - Explained with Real-Life Examples
3. Right-of-Use Asset & Liability
4. Leases & their various Components: Classification, Measurement & Re-measurement
5. Accounting Treatment: Understand the Far-Reaching Impacts for Companies
6. Sale & Lease-back Transactions
7. Sub-Leases
8. Lease Modifications
9. Comparison & GAAP differences
What does this IFRS 16 video course include?
- 4 hours of on-demand videos on IFRS 16
- Full Lifetime Access
- Access on mobile and TV
- Certificate of Completion
- Action Plan for Adoption
- IFRS Interview Prep Guide
Goals
What will you learn in this course:
IFRS 16: Leases
The genesis of lease accounting & its impact on the cash-flows of the company
Prerequisites
What are the prerequisites for this course?
Basic accounting knowledge
A desire to learn the real business impacts of an accounting concept
Curriculum
Check out the detailed breakdown of what’s inside the course
Introduction
13 Lectures
-
Introduction to IFRS 16
23:47
23:47
-
Scope of IFRS 16
07:09
07:09
-
Exemption from recognising ROU Asset & Liability
01:12
01:12
-
Lease Definition
59:21
59:21
-
Measurement
46:38
46:38
-
Re-Measurement
01:22:33
01:22:33
-
Classification of Lease
15:46
15:46
-
Accounting Treatment
36:22
36:22
-
Sale and Lease-back Transaction
49:12
49:12
-
Sub-Lease
09:42
09:42
-
Installment Sales
01:05
01:05
-
Retrospective and Modified Retrospective Approach
05:16
05:16
-
GAAP Differences- Ind AS, IFRS, Indian GAAP
04:16
04:16
Instructor Details
Ramanujam Narayan
Your IFRS / Ind AS Subject Matter ExpertFinance Transformation & Indian GAAP expert, Author, Fin Consultant, ESOP Specialist, Finance Mentor for SMEs / Startups!
Have been a Global Finance Controller, Accounting advisory expert, Indian GAAP professional, and IND AS / IFRS trainer + Significant subject matter expertise in IFRS implementation and training projects.
I am a subject matter expert in GAAP, be it IFRS, US GAAP or Indian Accounting Standards (IND AS). I am also an author, a consultant, a trainer and an adjunct professor with Jindal Global University.
I have trained over 1500 Finance Professionals in IFRS - via retail batches and in-house corporate batches in companies like HDFC Securities, Accenture, First Data, Gupshup Tech, etc. Have managed to maintain a success percentage of over 82% for Dip IFRS exam by my 300+ Dip IFRS exam applicants.
With over 11 years of industry experience and having donned the hat of a Fin Controller for Geometric Ltd & HCL Technologies Ltd., my clients and colleagues go by my word when it comes to implementation, compliance and advisory in the matters of financial reporting, year-end closing and M&As. My previous companies include Citigroup & TCS where I have led a role of transformation champion after a takeover.
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