IFRS 16 Leases

IFRS 16 Leases is a comprehensive professional training course designed to equip finance professionals, accountants, auditors, financial controllers, and business leaders with the knowledge and practical skills required to understand and apply the requirements of International Financial Reporting Standard (IFRS) 16. The introduction of IFRS 16 significantly transformed lease accounting by introducing a single lessee accounting model, requiring most leases to be recognized on the statement of financial position. As a result, organizations must accurately identify lease arrangements, recognize right-of-use assets and lease liabilities, and ensure compliance with evolving financial reporting requirements. Lease accounting has become increasingly important for organizations operating across government entities, ministries, public sector organizations, financial institutions, oil and gas companies, multinational corporations, and large enterprises. The proper application of IFRS 16 enhances financial transparency, improves comparability of financial statements, supports sound corporate governance, and provides stakeholders with a more accurate representation of an organization's financial obligations and asset utilization. Understanding the accounting implications of lease arrangements is therefore essential for maintaining compliance and supporting effective financial decision-making. Throughout this course, participants will gain practical knowledge of the complete IFRS 16 framework, including lease identification, recognition, measurement, subsequent accounting, lease modifications, reassessment requirements, discount rates, exemptions, lessor accounting, presentation, and disclosure requirements. The program also examines the operational and financial impact of IFRS 16 on key financial statements, performance indicators, debt ratios, budgeting, taxation, financing decisions, and internal controls through practical case studies and industry-based examples. Designed in accordance with international professional training standards, this course combines technical expertise with practical implementation strategies to help participants confidently apply IFRS 16 across a wide range of business environments. By the end of the program, participants will be able to improve financial reporting quality, strengthen compliance with international accounting standards, support effective lease management, and contribute to enhanced financial governance and organizational performance.