This professional development course provides an overview of the new IFRS 16 standard and the key changes to how leases are accounted for by leasees. It also considers the issues faced by businesses when setting out to implement this new standard.
Digital certificate - Included
IFRS 16 is an International Financial Reporting Standard (IFRS) for leases developed by the International Accounting Standards Board (IASB) in collaboration with the Financial Accounting Standard Board (FASB) in the United States to provide guidance on accounting for leases.
This standard, which will replace the previous leasing standard (IAS17), was issued in January 2016 and will be effective from 1 January 2019. All companies reporting under IFRS will have to adhere to it by or before 2019. However, those that choose to adopt IFRS 16 early must at the same time adopt the provisions in the new IFRS 15 Revenue from Contracts with Customers standard.
This professional development course provides an overview of the new IFRS 16 standard and the key changes to how leases are accounted for by leasees. It also considers the issues faced by businesses when setting out to implement this new standard.
Gain a Certificate and digital badges to recognise your CPD achievement
Upon successful completion of this professional development course, you will be awarded with a E-Certificate of Completion from the University of Derby to recognise your achievement and your commitment to continuing professional development (CPD), allowing you to provide evidence to a professional body or to your employer or simply for inclusion in your personal development portfolio.
During the IFRS 16 Leases course, you can expect to:
A flexible course that fits in with working and family life
This compliance training course is open for continuous enrolment, which means it can be studied at any time and delivered 100% online, allowing you to manage your studies around work and family commitments. This is a self-guided course which involves reflective activities to assess subject understanding. Our online short courses are designed to be intellectually stimulating, thought provoking and rewarding.
Course starts at any time
Contact us via the Enquire by Email button below to learn more and speak with our admissions advisers to check your eligibility.
This professional development short course is ideally suited to those who work in the accounting field as well as anyone that teaches or studies financial accounting at A level, Degree or professional level. It will be of particular interest to people in roles such as:
The course is widely available for anyone to take part in regardless of age, location or education status.
However, there are some basic requirements. You will need access to the internet whether it is on your PC, tablet, mobile or other electronic devices, as well as a valid email address to register with our online learning environment in order to take part in the course.
You will need to agree to the terms and conditions before you start the course which will be available when you enrol.
Learners should have an understanding of the English Language and the ability to study in English.
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This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.
