{"product_id":"2562851_acca-learning","title":"IFRS 16 Leases","description":"\u003ch2\u003eAbout this course\u003c\/h2\u003e\u003cbr\u003e\nNon-current assets can be owned or rented. According to IFRS 16 the accounting model for lessee and lessor is not symmetrical. Lessees have to recognise lease liability and right-of-use asset for almost all lease contracts, while for lessors the accounting model depends on the classification of a lease as operating or finance lease.\u003cbr\u003e\n\u003cbr\u003e\nThis course helps you understand the definition of a lease, explains what period shall be considered as lease term, explains recognition and measurement exemptions, after which details the lessee’s as well as the lessor’s accounting using practical examples and interim tests.\u003cbr\u003e\n\u003cbr\u003e\nBy completing this course, you will understand:\u003cul class=\"htmlEditor-ul\"\u003e\n\u003cli\u003ethe features of a contract which indicate that the contract contains a lease (substitution right, protective rights)\u003c\/li\u003e\n\u003cli\u003etransaction price allocation rules when separating components of a contract\u003c\/li\u003e\n\u003cli\u003ethe concept of variable payments in a contract \u003c\/li\u003e\n\u003cli\u003ecriteria for recognition and measurement exemptions \u003c\/li\u003e\n\u003cli\u003ehow to identify the lease term\u003c\/li\u003e\n\u003cli\u003elessee and lessor accounting.\u003c\/li\u003e\n\u003c\/ul\u003e \u003cbr\u003e\n \u003ch4\u003eKey information\u003c\/h4\u003e\u003cul class=\"htmlEditor-ul\"\u003e\n\u003cli\u003eDesigned for finance and accounting experts who are familiar with fundamental (local) accounting and reporting processes. \u003c\/li\u003e\n\u003cli\u003eCPD certificate is available upon successful completion of the course. \u003c\/li\u003e\n\u003cli\u003ePart of an e-learning series developed by PwC Academy. \u003c\/li\u003e\n\u003c\/ul\u003e\u003ch4\u003e\n\u003cbr\u003e\n\u003cbr\u003e\n\u003cimg alt=\"ACCA PwC joint logo\" src=\"${PICTURE_CONTEXT_PATH}ckeditor_uploads\/ACCA_PWC_sml_3173901.jpg\" style=\"margin: 5.0px;\"\u003e\u003cbr\u003e\n \u003c\/h4\u003e","brand":"acca-learning","offers":[{"title":"Standard price \/ 0","offer_id":47550865178875,"sku":"100184","price":30.0,"currency_code":"GBP","in_stock":true},{"title":"Students \/ 110169","offer_id":47550865211643,"sku":"100184","price":30.0,"currency_code":"GBP","in_stock":true},{"title":"Members \/ 110167","offer_id":47550865244411,"sku":"100184","price":30.0,"currency_code":"GBP","in_stock":true},{"title":"Continuous learners \/ 3","offer_id":47550865277179,"sku":"100184","price":30.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0535\/6057\/4115\/files\/IFRS_16_image_2562871.jpg?v=1779830213","url":"https:\/\/acca-learning.myshopify.com\/products\/2562851_acca-learning","provider":"acca-learning","version":"1.0","type":"link"}