KPMG Česky
Courses What is the KPMG Business Institute References Our instructors Contact Česky
Courses›Accounting›IFRS 16: reporting leases under IFRS – fundamentals

IFRS 16: reporting leases under IFRS – fundamentals

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.

Who are the intended participants?

  • Employees of companies that report to a group under IFRS or prepare financial statements under IFRS
  • CFOs
  • Accountants accounting for assets acquired in form of a lease
  • Controlling employees preparing financial plans or interpreting results
  • Managers who make decisions on the method of acquiring fixed assets and constructing lease contracts
  • Anyone who needs to understand the logic of reporting leases under IFRS (investors, financial analysts, etc.)

Programme

  • Lease regulations under IFRS 16: explanation of the main concepts, including the discount rate used and the determination of the lease term
  • Lessee accounting under IFRS 16
  • Lessor accounting under IFRS 16 (including sub-leases)
  • Examples (entering into a contract, indexation for inflation clause)
  • Differences in CAS and IFRS reporting with respect to lease reporting (EBITDA, indebtedness)

Benefits

During the course, you will:

  • Understand the basic principles of reporting lease contracts under IFRS 16
  • Become able to evaluate the potential effects of concluded lease contracts on the company's financial statements (indebtedness, EBITDA)
  • Understand the difference compared with Czech accounting
Dates

IFRS 16: vykazování nájemních smluv dle IFRS – základy

27. 4. 2023 09:00–12:30
Ing. Martina Křížová Chrámecká, FCCA
PREZENČNĚ – KPMG Česká republika, Pobřežní 1a, Praha 8
Course fee: 4 000,- CZK ex. VAT
Sign up

For attending this training course, you are eligible to gain 4 of CPD points.

The fee includes training materials and morning refreshments. The training will be conducted in Czech. Members of the Czech Institute of Internal Auditors (ČIIA) are entitled to a 10% discount off the training fee.

IFRS 16: vykazování nájemních smluv dle IFRS – základy (webinář)

27. 4. 2023 09:00–12:30
Ing. Martina Křížová Chrámecká, FCCA
WEBINÁŘ – Microsoft Teams
Course fee: 4 000,- CZK ex. VAT
Sign up

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. Members of the Czech Institute of Internal Auditors (ČIIA) are entitled to a 10% discount off the training fee.

© 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.

We care about your privacy

To assure proper functionality and adapt website to your needs, we ask for your permission to use cookie files, as new legislation requires.

Approve
Disapprove