Lease Accounting (IFRS 16) Training Course

 Lease Accounting (IFRS 16) Training Course 

Introduction 

Lease accounting under IFRS 16 has transformed financial reporting by introducing a single lessee accounting model that enhances transparency, comparability, and compliance across industries. Organizations must now recognize right-of-use assets and lease liabilities on the balance sheet, significantly impacting key financial ratios, EBITDA, and stakeholder perception. Lease Accounting (IFRS 16) Training Course delivers practical, SEO-focused insights into IFRS 16 compliance, lease capitalization, financial reporting accuracy, and audit readiness, ensuring participants gain hands-on expertise in modern lease accounting frameworks. 

With increasing regulatory scrutiny and global adoption of IFRS standards, professionals must master lease classification, discount rate determination, lease modifications, and disclosure requirements. This training integrates trending keywords such as financial compliance, lease management systems, audit optimization, digital accounting transformation, and IFRS 16 implementation strategies to equip learners with in-demand, future-proof accounting skills aligned with global best practices. 

Course Objectives 

1. Understand IFRS 16 framework and lease accounting principles 
2. Apply right-of-use asset recognition and lease liability measurement 
3. Analyze financial statement impact and EBITDA optimization 
4. Implement lease accounting systems and automation tools 
5. Evaluate discount rates and present value calculations 
6. Manage lease modifications and reassessments effectively 
7. Ensure compliance with global financial reporting standards 
8. Prepare accurate IFRS 16 disclosures and reports 
9. Strengthen audit readiness and risk management strategies 
10. Optimize lease portfolio management and cost efficiency 
11. Integrate digital accounting solutions for lease tracking 
12. Interpret real-world financial data using IFRS 16 standards 
13. Develop strategic decision-making skills in lease accounting 

Key Bulletins
 

• IFRS 16 eliminates operating lease classification for lessees 
• Balance sheet transparency improves investor confidence 
• Lease liabilities affect debt ratios and financial metrics 
• Automation tools enhance lease data accuracy 
• Discount rate selection is critical for valuation accuracy 
• Lease modifications require immediate reassessment 
• Compliance reduces regulatory and audit risks 
• Financial disclosures must meet strict reporting standards 
• Cross-border lease accounting requires global consistency 
• Technology integration is essential for scalability 

Organizational Benefits
 

• Improved financial transparency and reporting accuracy 
• Enhanced compliance with international accounting standards 
• Better decision-making through real-time lease data 
• Reduced audit risks and regulatory penalties 
• Optimized lease cost management and forecasting 
• Streamlined accounting processes through automation 
• Increased investor and stakeholder confidence 
• Stronger financial governance and internal controls 

Target Audiences
 

1. Finance Managers and Directors 
2. Accountants and Financial Analysts 
3. Auditors and Compliance Officers 
4. CFOs and Senior Executives 
5. Lease Administrators and Controllers 
6. Risk and Governance Professionals 
7. ERP and Accounting System Users 
8. Business Consultants and Advisors 

Course Duration: 5 days

Course Modules

Module 1: Introduction to IFRS 16 and Lease Accounting Fundamentals
 

• Overview of IFRS 16 standards and global adoption 
• Key definitions and lease identification criteria 
• Differences between IAS 17 and IFRS 16 
• Scope and exemptions in lease accounting 
• Impact on financial statements and reporting 
• Global case study: multinational company transition to IFRS 16 

Module 2: Lease Recognition and Measurement
 

• Initial recognition of right-of-use assets 
• Lease liability calculation and present value techniques 
• Determining lease term and payments 
• Discount rate selection and implications 
• Measurement challenges and practical solutions 
• Global case study: retail chain lease valuation 

Module 3: Subsequent Measurement and Accounting Treatment
 

• Depreciation of right-of-use assets 
• Interest expense calculation on lease liabilities 
• Reassessment triggers and accounting adjustments 
• Impairment considerations 
• Financial statement presentation techniques 
• Global case study: airline lease accounting adjustments 

Module 4: Lease Modifications and Reassessments
 

• Types of lease modifications 
• Accounting treatment for contract changes 
• Recalculation of lease liabilities 
• Practical expedients and simplifications 
• Impact on financial disclosures 
• Global case study: telecom company lease renegotiation 

Module 5: IFRS 16 Disclosures and Reporting Requirements
 

• Disclosure requirements and compliance standards 
• Notes to financial statements preparation 
• Transparency and stakeholder communication 
• Audit documentation and reporting 
• Common reporting errors and corrections 
• Global case study: audit review of lease disclosures 

Module 6: Lease Accounting Systems and Automation
 

• Overview of lease accounting software solutions 
• Data management and system integration 
• Automation benefits and efficiency gains 
• Implementation challenges and solutions 
• Digital transformation in accounting 
• Global case study: ERP-based lease management system 

Module 7: Financial Impact Analysis and Performance Metrics
 

• Effect on EBITDA, ROA, and leverage ratios 
• Financial modeling and forecasting 
• Strategic decision-making using lease data 
• Cost optimization strategies 
• Investor and stakeholder analysis 
• Global case study: financial restructuring using IFRS 16 

Module 8: Compliance, Audit, and Risk Management
 

• Internal controls and governance frameworks 
• Audit preparation and documentation 
• Risk identification and mitigation strategies 
• Regulatory compliance best practices 
• Continuous monitoring and improvement 
• Global case study: compliance audit in a global corporation 

Training Methodology
 

• Interactive instructor-led sessions 
• Real-world case study analysis 
• Hands-on practical exercises 
• Group discussions and knowledge sharing 
• Use of financial modeling tools 
• Scenario-based learning approaches 
• Continuous assessment and feedback 
• Access to digital learning resources 

Register as a group from 3 participants for a Discount

Send us an email: info@fineskilltrainingcenter.com or call +254769199797

Certification

Upon successful completion of this training, participants will be issued with a globally- recognized certificate.

Tailor-Made Course

We also offer tailor-made courses based on your needs.

Key Notes

a. The participant must be conversant with English.
 
b. Upon completion of training the participant will be issued with an Authorized Training Certificate
 
c. Course duration is flexible and the contents can be modified to fit any number of days.
 
d. The course fee includes facilitation training materials, 2 coffee breaks, buffet lunch and A Certificate upon successful completion of Training.
 
e. One-year post-training support Consultation and Coaching provided after the course.
 f. Payment should be done at least a week before commence of the training, to FINESKILL TRAINING CENTER account, as indicated in the invoice so as to enable us prepare better for you.