A practical look at IFRS 16 – Leases
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| Venue | Online - Microsoft Teams |
| Date | Tuesday 26th July 2022 |
| Time | 09:30 - 12:30 |
| Information | In this session we will look at various practical aspects of IFRS S16. The relevant aspects that will be covered are:
Scope and exemptions under IFRS 16
1. Exemptions relating to:
i. Short-term leases
ii. Low value assets
iii.
Definition of lease in terms of:
i. A right to control
ii. Identified asset
iii. Substantive substitution rights
Distinction between inception date and commencement date
Initial measurement
1. Right-of-use asset
2. Lease liability with an detailed analysis on lease payments
Subsequent measurement
1. Right of use asset
2. Lease liability
Lease modifications resulting from:
1. A change in scope
2. A change in consideration
Amendment on COVID 19 Related Rent concessions
Lessor accounting
Sub-lease accounting resulting from a:
1. Operating lease
2. Finance lease
Amendment relating to IAS 12 Income taxes on deferred tax related to assets and liabilities arising from a single transaction |
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| CPD Units | 3 units on full attendance |
| Seats Left | 11 |
| Price | Rs 4000 |
| Booking Deadline | Tuesday 26th July 2022 |
| Map | View Map |
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