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IFRS for SME Section 20 Leases 2020

A guide for business accountants that need to present and disclose leases in IFRS for SME prepared financial statements.

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

What you will learn

By the end of this webinar the participant will be able to:  

  • Recognise, measure, present and disclose lease in financial statements applying IFRS for SME.  

Study Units

Introduction to IFRS for SMEs Section 20 Leases

Definition of a lease: 

  • Operating lease
  • Finance lease

Lessor's rights and obligations

Lessee's rights and obligations.

Accounting treatment of leases

Lease recognition and disclosure.


  1. There are no preconditions for this course.   
  2. Moderate level. 
  3. Recorded webinar made available on a specified date 


The following members will benefit from attending this webinar: 

  1. Business Accountants in Practice (SA). 
  2. Business Accountant (SA). 
  3. Accounting support staff. 


Most SMEs are either lessees or lessors. As such, it is important that the accountant who is responsible for their financial records is fully knowledgeable on how to account for leases.   

What are the principles underlying these agreements?  

IFRS for SMEs Section 20 contains all the principles relating to the accounting treatment of leases in the annual financial statements of the lessor and the lessee.   


The following pricing apply: 

  • Ad hoc: R475.00  
  • Subscription: IFRS for SME's


This webinar will be available from 20 May 2020. 


Anton van Wyk M.Com, CA(SA)  

Anton van Wyk is a CA(SA) 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).  

Anton is a well-known and popular presenter who has presented numerous IFRS updates for several accounting bodies across South Africa. He is known for his ability to simplify and highlight the most important principles contained in IFRS, whilst keeping the learning process enjoyable for attendees.  

Additional reading material 

By attending this webinar, you will be provided with:  

  • Summarised slide presentation 
  • Reference documents and / or course material where available 
  • Access to a technical knowledge base 


This event is included in the following subscription packages. If you are not a subscriber, you need to purchase as a stand-alone event. 

Accountant in Practice: No

Accountant in Practice plus tax: No

Bookkeeper: No

Quickupdate: No 

IFRS for SME's: Yes


Subscribers pay less for their CPD points. SAIBA offers 4 subscription packages that provides access to everything to run a successful accounting and tax practice. Pay a small monthly amount and gain access to monthly webinars covering ethics, financials, reporting, audit and assurance, working papers, law, technology, management topics, and tax. 

Click here to choose your subscription option.