JUN 01

IFRS Update: Leases( IFRS 16) Training Beirut by PwC's Academy

   

Conference CFP

  

 

When:

  01 Jun 2016 through 01 Jun 2016

CFP Deadline:

  01 Jun 2016

Where:

  Beirut, Lebanon

Website URL:

  http://atnd.it/54432-2

Sponsoring organization:

  PwC’s Academy

Categories:

  Education / Legal / Other > Education

Event description:

On 13 January 2016, the International Accounting Standards Board (IASB) published IFRS 16, ‘Leases’, which replaces the current guidance in IAS 17. This will require far-reaching changes in accounting; by lessees in particular. The new standard fundamentally changes the way companies will account for their operating leases by putting the assets on the balance sheet with a respective liability. This will have an impact on the debt/equity ratios, lending covenants and market facing indicators of performance and will require a significant amount of time to identify and account for existing leases through the transition phase. IFRS 16 is effective for annual reporting periods beginning on or after 1 January 2019. There is a lot of work to be done prior to the standard becoming effective so preparation needs to start NOW. This interactive course, with the aid of examples, illustrations and case studies, will ensure that participants have a greater understanding of what they need to do before the standard comes into effect and how to deal with it when it does. By the end of this course, participants will have a greater understanding of: - Impact analysis - What is a lease - How to identify a lease under IFRS 16 - Exemptions and exceptions to the new accounting model for low value and short term items - Accounting for IAS 17’s operating leases and finance leases as a lessee and lessor under IFRS 16 - Accounting for sale and leaseback arrangements - Disclosure requirements - Transitional arrangements - Next steps in preparation for 2019 To find out more contact us at +961 5 428 600 (Ext- 1606) or training.pwc@lb.pwc.com URLs Booking: http://atnd.it/54432-0 Inquiries: http://atnd.it/54432-1 Price Standard: USD 700 Time: 8:30 am - 5:00 pm Venue details: Beirut, PwC, Beirut, Lebanon

Posting date:

29 April 2016
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