IFRS 16 is relevant if a company has entered into a lease contract (including an office space lease) with a lease term of more than one year. Do you know how to reflect a lease contract in the financial statements under IFRS? Are you a lessor or a lessee? Are you wondering what a right of use and a lease liability are, and how to determine their value? Then this training has been designed especial
Using practical examples, the training course will show you the effects of concluding a lease contract and a potential price increase due to indexation on the lessee's statements (recognition of the right of use and its subsequent depreciation, recognition of a liability from lease contracts). We will provide a summary of the guidance for lessors (finance vs. operating lease) as well as of matters connected with sub-leases.
If you are interested in other issues related to the reporting of leases (indefinite-term contracts, amendments to lease contracts, sale and subsequent lease, determination of the discount rate), take a look at the follow-up training course, IFRS 16 – complex issues.
During the course, you will:
For attending this training course, you are eligible to gain 4 of CPD points.
The fee includes training materials. The training will be conducted in Czech.
© 2023 KPMG Česká republika, s.r.o., a Czech limited liability company and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.