Attending the course and successfully completing the post-assessment, will grant you
2 hour/s verifiable CPD, recognised by the various
professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc). Please note that the
CPD certificate will only be issued once the post-assessment has been completed.
Web Based (Online)
Tristan White
0118861395
gillian@probetatraining.co.za
Lease accounting focuses on how to treat assets that are given to or received from other parties, on a right-to-use basis, for a set period.
A key point of difference in the accounting for a lease relates to who you are in a given lease transaction, i.e., are you a lessor or a lessee?
Furthermore, do we still have the concept of an operating versus a finance lease seeing that Section 20’s big brother, the IFRS 16 Leases standard no longer distinguishes between the two…
Join us as we look at the accounting on both sides (lessor VS lessee), as well as for both types of leases.
This session provides overview of the fundamental aspects of Section 20 Leases, per the IFRS for SMEs standard:
- Scope
- Classification
- Measurement: Initial + Subsequent
- Lessor: Finance VS Operating Lease, using examples
- Lessee: Finance VS Operating Lease, using examples
- Disclosure
☒Financial managers
☒Auditors
☒Bookkeepers
☒Financial accountants
☒First year SAICA Trainees
☒Audit mangers
☒Audit partners
☒Engagement Quality Control Reviewers
