IFRS 16 - Leases (The New Leases Standard)

BPP Professional Education
Course summary
3 hours
315 GBP excl. VAT
Online courses
Next available date: 17/06/2020 - Online courses
Professional Training

Course description

IFRS 16 - Leases (The New Leases Standard)

On 13 January 2016 the International Accounting Standard Board issued a new accounting standard, called IFRS 16 - Leases. This standard replaces accounting requirements which were introduced over thirty years ago. It is a major revision of the way in which companies account for leases. The new standard is formed after multiple rounds of public consultation and has been part of collaborations with the US Financial Accounting Standards Board (FASB).

The main proposal is for lessees to bring all leases onto the balance sheet and eliminate the current lessee accounting treatment for operating leases and finance leases under IAS 17. The proposals are likely to have a major impact on companies which lease significant high value items such as the airline, transport and retail sectors.

This half day course will cover the current accounting requirements under IAS 17 and then consider the accounting for such transactions under the new lease accounting exposure draft.

COVID-19 Update

This provider offers an online version of their classroom courses

Do you have questions about COVID-19 in relation to this course?

At findcourses.co.uk we are committed to helping everyone who wants to learn, to learn. So are our trusted partner providers.

Get in touch on this page to find out whether there are any changes to this course in light of COVID-19.

Suitability - Who should attend?

After many years of waiting, the new leases standard, IFRS 16 - Leases, has finally been published. The new standard will have an impact on all organisations, particularly those with major assets under operating leases. This course is designed to bring delegates up-to-date with this standard for lease accounting, and is therefore suitable for delegates with existing knowledge of the current lease accounting standard under IFRS (IAS 17 - Leases).

Outcome / Qualification etc.

Learning outcomes include:

  • Understanding of current accounting.
  • Scope and scope exclusions.
  • Lessee accounting under the IFRS 16 - Leases.
  • Key terminology explained.
  • Differences to current accounting treatment.
  • Practical case studies to aid understanding of proposed changes and their likely impact.

"A certificate of completion will be provided by BPP Professional Education Limited upon request, following attendance."

Get Inspired! Watch the Video

About provider

BPP Professional Education

BPP Professional Education -  Accountancy, Tax, Financial Services, Law & Insolvency Courses

BPP Professional Education is one of the specialist examination-based and professional development training arm of the BPP Group, Europe's biggest professional education and publishing provider with 2,000 staff members across 40 countries and over 30,000 students per year. BPP Professional Education...

Read more and show all courses with this provider

Request info

Fill out your details to find out more about IFRS 16 - Leases (The New Leases Standard).

  Contact the provider

  Get more information

  Register your interest

Contact info

BPP Professional Education

3 London Wall Buildings
EC2M 5PD London

 Show phone number

Request information

Find out more about this IFRS 16 - Leases (The New Leases Standard) course - simply fill out your details:

U.K. L&D Report: 2018 - Benchmark Your Workplace Learning Strategy

Are you curious about the L&D strategies of some of the U.K.'s top companies?

Find out what they're up to in findcourses.co.uk's second annual U.K. L&D Report!


Learn more

Find a course for you!

  Read the course
 summary on this page

 Fill in your details and Request information

 Receive all the info you need

Find more courses here