Latest Developments around Lease Accounting (IFRS 16)
Overview
What you'll take away.
Lease accounting continues to create headaches for finance teams
Are you involved in lease accounting management? Join this session as we discuss the challenges and complexities of applying lease accounting as required by IFRS 16. This session will focus on:
- Why entities should be updating their incremental borrowing rates;
- How to determine the appropriate lease term;
- Accounting considerations for termination of leases;
- Handling lease reassessments and lease modifications;
- Navigating complexities around accounting for holdover leases; and
- Accounting implications of sale and leaseback transactions.
Learning Outcomes:
This session aims to provide attendees with the ability to:
- Identify leases as defined in IFRS 16;
- Determine the appropriate lease term;
- Recognise new leases;
- Account for terminated leases;
- Account for lease reassessments and modifications;
- Account for sale and leaseback transactions.
Suited to:
Auditors, CEOs, CFOs, Board Members, Financial Controllers, Finance Teams, Accountants involved in the preparation of financial reports.
This On Demand Includes:
- Recording of the Live Webinar, which can be viewed multiple times
- PowerPoint Presentation
- Verbatim Transcript, with Searchability
- Supporting Documentation
- CPD Quiz
- CPD Certificate
Course syllabus
3 lessons
- Video – Latest Developments around Lease Accounting (IFRS 16)Video
- Feedback Survey 2024Survey
- Knowledge QuizTest
Your presenter
Aletta BoshoffBDO Services
is an Advisory Partner and National Leader of IFRS & Corporate Reporting, as well as the National Leader of Sustainability & ESG, at BDO in Australia. Aletta has over 30 years’ experience in financial reporting and accounting, including IFRS. Aletta has lectured on financial accounting and reporting at various Australian and South African universities. As an Associate Professor, she authored various financial reporting and accounting textbooks. Aletta also spent a number of years as a Project Manager at the Australian Accounting Standards Board (AASB).
Aletta prides herself on her technical excellence, approachability, and the ability to solve problems practically. In particular, Aletta takes great pride in her ability to apply a wealth of technical expertise to real-world business situations. Having worked with a range of clients in both the for-profit and not-for-profit sectors, Aletta understands the challenges Boards and finance teams face.
Aletta’s involvement in sustainability and Environmental, Social and Governance (ESG) is a consequence of her focus on an organisation’s ability to create and sustain long-term value in a rapidly changing world, and managing the risks and opportunities associated with these changes.