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IFRS 16 - Leases 2020

Gain full and practical understanding on the treatment of leases by attending this webinar which is part of two series of webinars which we are currently running.

R 475
Category Accounting
Accredited SAIBA
CPD Hours 2
Effort 2 Hours
Duration 2 Hours
Format Webinar
Level N/A
Assessment Yes
Supervised No
Pre-Entry No
Tuition Optional
Study Material No

What you will learn

By the end of this event the participant should: 

  • Understand how to correctly recognise leases; 

  • Understand both recognition exemptions; 

  • Understand how to accurately measure leases;  

  • Know how to correctly present leases in the AFS; and  

  • Know how to correctly disclose leases in the AFS.   

Study Units

IFRS 16 overview

When to recognise a lease

Conditions for non-recognition

Measuring leases accurately

Accounting treatment

Presentation and disclosure

Requirements

Who should attend 

The following persons will benefit from attending this webinar: 

  • Professional Accountants including: RA(SA), CA(SA),PA(SA) and BAP(SA); 

  • Accounting officers;  

  • Tax practitioners; and 

  • Bookkeepers. 

Description

The IASB changed the accounting treatment of leases to be applied by the lessee. The distinction between an ‘operating’ lease and a ‘finance’ lease (from the point of view of the lessee), no longer exists (for most leases). It is important that lessees account for leases correctly in terms of the new IFRS 16 Leases.  

Gain full and practical understanding on the treatment of leases by attending this webinar which is part of two series of webinars which we are currently running. One series focuses on IFRS and the other one focuses on IFRS for SMEs. Both series will be presented by well-known IFRS and IFRS for SMEs expert Anton van Wyk M.Com, CA(SA).  

This webinar is part of a series on IFRS. The series will cover selected IFRS topics that every accounting professional should fully understand in their day to day work. If you are interested in booking for the entire series, click here.  

DATE 

  • This webinar will be available from 2 March 2020. 

PRESENTER

Anton van Wyk M.Com, CA(SA)

Anton van Wyk is a chartered accountant and independent consultant in International Financial Reporting Standards (IFRS and IFRS for SMEs). As former subject head of Financial Accounting at various higher education providers (including the University of Johannesburg and Monash University South Africa), he has gained valuable insights into and understanding of the important principles underlying the International Financial Reporting Standards (IFRS).