Training "Lessee's Accounting for Leases in a New Way - IFRS 16. Leases".

TARGET AUDIENCE: accountants, financial analysts and reporters, heads of financial departments, auditors.

OBJECTIVE: to gain knowledge of the practical aspects of the application of IFRS 16 and changes in accounting related to its implementation. Significant changes in accounting for lessees will be considered first, as well as the general principles set out in the standard: recognition of a lease liability, recognition of a leased asset, discounting of the lease liability and depreciation of the leased asset.

The training program includes:

• impact of COVID-19 on lease accounting;
• recognition and measurement of assets under the new standard;
• determination of the discount rate, lease term and amount of rent payments;
• methods of transition to accounting under IFRS 16;
• presentation of lease in the financial statements;
• impact of IFRS 16 on the company's financial ratios. 

After this training, you will be able to:

• eliminate knowledge gaps within a very short time and hone the skills of practical application of IFRS 16 for better preparation of financial statements;
• apply professional judgment to analyze specific accounting situations;
• systematize the knowledge of the requirements for the preparation and application of the new IFRS 16, to control and optimize the implementation of IFRS 16 for your company;
• assess the effect of innovation on key financial indicators.

If you have any questions, please call +38 095 310 17 82 (WhatsApp, Viber) or write to: academy@bdo.ua