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Courses/Accounting & Tax/IFRS

IFRS 16: Leases

Master the essentials of IFRS 16 and apply lease accounting with confidence.

Created byTess Ng
4.6
(214 reviews)
BeginnerUpdated Oct 20, 2021
IFRS 16: Leases

What You'll Learn

check_circleUnderstand the scope and objectives of IFRS 16.
check_circleDefine key lease-related terms under the standard.
check_circleApply recognition and measurement principles for lessees and lessors.
check_circleDistinguish between lease and non-lease components.
check_circlePrepare disclosures required under IFRS 16.
check_circleAnalyze the impact of IFRS 16 on financial statements.

About This Course

This course is designed to give you a solid understanding of IFRS 16 and how to apply its principles in real-world accounting scenarios. IFRS 16 sets the standard for the recognition, measurement, presentation, and disclosure of leases, significantly impacting how leases are reported in financial statements.

Through clear explanations and practical examples, you’ll learn the key terminology, concepts, and requirements of the standard. Whether you’re a preparer or user of financial statements, this course will help you navigate the complexities of IFRS 16 and ensure compliance with its guidelines.

Your Instructor

Tess Ng
Tess Ng

Finance Educator

menu_book6 courses
star2,791 reviews

As a senior finance professional with extensive corporate reporting experience and over a decade of financial reporting and accounting experience, Tess has led the implementation of numerous complex accounting standards, including the full implementation of IFRS for a large public corporation. Her accounting experience encompasses a broad range of areas including: internal controls over financial reporting, consolidation, M&A and equity accounting, foreign currency hedging, process improvement, Canadian and U.S. taxation, not-for-profit reporting, and audit. Throughout her career, Tess has also led a variety of training sessions ranging from accounting and regulatory standards to personal finance.

Credit Information

Do these courses count toward my professional development requirements?

This portal is provided as a training and development resource for City of Markham employees. Every course is delivered by a qualified subject matter expert or learning organization, is quantifiable in hours, and is verifiable — you receive a documented certificate of completion for every course you finish, stored on LearnFormula indefinitely.

If you hold a professional designation (for example in engineering, accounting, human resources, or law), courses may be counted as professionally relevant, verifiable learning activities toward your continuing professional development. Individual practitioners are responsible for confirming that an activity meets the requirements of their professional body. For questions about the City of Markham's training and development policies, please speak with your people leader or Human Resources.

What Students Are Saying

4.6
Student's Choice
214 reviews

Frequently Asked Questions

We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.