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

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.

Finance Educator
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.
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.