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IFRS 16 vs ASC 842

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Lessons List | 25 Lesson

Introduction to Leasing

Introduction to Leasing

The 3 Types of Lessors

The 3 Types of Lessors

Advantages of leasing

Advantages of leasing

Introduction to IFRS 16 Leases

Introduction to IFRS 16 Leases

Lease Classification for Lessee | IFRS 16

Lease Classification for Lessee | IFRS 16

Lease Accounting for Lessees | Overview | IFRS 16

Lease Accounting for Lessees | Overview | IFRS 16

How to Calculate the Lease Liability | Lessee | IFRS 16

How to Calculate the Lease Liability | Lessee | IFRS 16

The Effect of the Residual Value on the Lease Liability | Lessee | IFRS 16

The Effect of the Residual Value on the Lease Liability | Lessee | IFRS 16

How to Calculate the Right of use Asset

How to Calculate the Right of use Asset

IFRS 16 Lessee Accounting Example 1

IFRS 16 Lessee Accounting Example 1

IFRS 16 Lessee Accounting Example 2

IFRS 16 Lessee Accounting Example 2

IFRS 16 Lessee Accounting Example 3

IFRS 16 Lessee Accounting Example 3

Lease Classification for Lessor | IFRS 16

Lease Classification for Lessor | IFRS 16

Lease Accounting for Lessors | Overview | IFRS 16

Lease Accounting for Lessors | Overview | IFRS 16

IFRS 16 Lessor Accounting Example 1 | Finance Lease

IFRS 16 Lessor Accounting Example 1 | Finance Lease

IFRS 16 Lessor Accounting Example 2 | Finance Lease

IFRS 16 Lessor Accounting Example 2 | Finance Lease

IFRS 16 Lessor Accounting Example 3 | Operating Lease

IFRS 16 Lessor Accounting Example 3 | Operating Lease

How to Calculate Lease Payments

How to Calculate Lease Payments

Lease Presentation on the Financial Statements

Lease Presentation on the Financial Statements

Lease Disclosures IFRS 16

Lease Disclosures IFRS 16

Gross vs Net Leases

Gross vs Net Leases

Lease Prepayments and Incentives IFRS 16

Lease Prepayments and Incentives IFRS 16

Initial Direct Costs

Initial Direct Costs

IFRS 16 vs ASC 842

IFRS 16 vs ASC 842

IFRS 16 Summary

IFRS 16 Summary

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30 Reviews

Khulood Nasser

The Training is fruitful, but i wish if the [font bigger 2025-04-20

Mohamed Khalil Ezzikouri

Certificat 2025-03-06

Adil Rayhan

This IFRS 16 course was clear, engaging, and insightful, enhancing my understanding of lease accounting in a practical way. 2025-02-06

Nishant Singh

Super knowledgeable content and easy to understand 2025-02-06

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Course Description

IFRS 16 is an International Financial Reporting Standard promulgated by the International Accounting Standards Board providing guidance on accounting for leases. IFRS 16 was issued in January 2016 and is effective for most companies that report under IFRS since 1 January 2019. IFRS 16 defines a lease term as the noncancellable period for which the lessee has the right to use an underlying asset including optional periods when an entity is reasonably certain to exercise an option to extend (or not to terminate) a lease. IFRS 16 requires that the 'right of use asset' and the lease liability should initially be measured at the present value of the minimum lease payments. The discount rate used to determine present value should be the rate of interest implicit in the lease.

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