IFRS 16 - Leases (The New Leases Standard)


Cost for BPP PD Members: £239 + VAT 3 CPD Hours
(£299.00 + VAT for non BPP PD Members Click Here for details of our membership scheme).

Course level



After many years of waiting, the new leases standard, IFRS 16 - Leases, has finally been published. The new standard will have an impact on all organisations, particularly those with major assets under operating leases. This course is designed to bring delegates up-to-date with this standard for lease accounting, and is therefore suitable for delegates with existing knowledge of the current lease accounting standard under IFRS (IAS 17 - Leases).

Course content

On 13 January 2016 the International Accounting Standard Board issued a new accounting standard, called IFRS 16 - Leases. This standard replaces accounting requirements which were introduced over thirty years ago. It is a major revision of the way in which companies account for leases. The new standard is formed after multiple rounds of public consultation and has been part of collaborations with the US Financial Accounting Standards Board (FASB).

The main proposal is for lessees to bring all leases onto the balance sheet and eliminate the current lessee accounting treatment for operating leases and finance leases under IAS 17. The proposals are likely to have a major impact on companies which lease significant high value items such as the airline, transport and retail sectors.

This half day course will cover the current accounting requirements under IAS 17 and then consider the accounting for such transactions under the new lease accounting exposure draft.

Learning outcomes include:

  • Understanding of current accounting.
  • Scope and scope exclusions.
  • Lessee accounting under the IFRS 16 - Leases.
  • Key terminology explained.
  • Differences to current accounting treatment.
  • Practical case studies to aid understanding of proposed changes and their likely impact.

You may also be interested in IFRS 16 Leases - Numerical Financial Reporting Workshop.

"A certificate of completion will be provided by BPP Professional Education Limited upon request, following attendance."

This course has an online live option available. Same expert presenters delivering the same content to your desk or mobile for 180 minutes. Watch our 5 minute explainer video to find out more.

Online LIVE Dates

19 Dec 2017 09:30-12:30pm Book Now
13 Jun 2018 05:00-08:00pm Book Now
18 Dec 2018 05:00-08:00pm Book Now

Course Dates

Location Dates Time Availability  
London 27 Feb 2018 2:00 PM - 5:15 PM  Spaces Book Now
London 23 Mar 2018 2:00 PM - 5:15 PM  Spaces Book Now
London 26 Jun 2018 2:00 PM - 5:15 PM  Spaces Book Now
London 24 Sep 2018 2:00 PM - 5:15 PM  Spaces Book Now
London 31 Oct 2018 2:00 PM - 5:15 PM  Spaces Book Now
London 23 Nov 2018 2:00 PM - 5:15 PM  Spaces Book Now

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