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Description

IFRS 16: Identifying Leases, Measuring the Liability and Accounting Treatment

Bring onto the balance sheet lease commitments that were previously recognised as simple expenses

  • 0.43 days — 3 h
  • In-person or virtual
  • Intermediate
  • Up to 6 participants

Identifying the population of leases is the first hurdle. Property leases, vehicles and service contracts that contain a lease are scattered across several departments. Then come the lease term to be retained where renewal options exist, and the discount rate that must be justified to the auditor.

This short virtual format covers the essential mechanics of IFRS 16 for practitioners already in post. In three hours, participants learn to identify what constitutes a lease, determine the term and the rate to apply, measure the liability and the right-of-use asset, and deal with subsequent remeasurements.

Learning objectives

  • Identify the contracts that fall within the scope of the standard
  • Determine the lease term where renewal options exist
  • Justify the discount rate used to measure the liability
  • Account for the lease liability and the right-of-use asset
  • Deal with remeasurements and lease modifications

What makes this programme different

The identification of leases is organised department by department
The measurement of the liability is worked through step by step on a commercial lease
Renewal options are resolved using real lease agreements

Programme

1Scope and Identification of Leases

Find the contracts before measuring them

  • Definition of a lease and control over the identified asset
  • Service contracts that contain a lease
  • Exemptions provided for by the standard
  • Organising the identification exercise across departments

2Initial Measurement

Setting the term and the rate

  • Lease term and assessment of renewal options
  • Lease payments included in and excluded from the calculation
  • Determining and justifying the discount rate
  • Measuring the lease liability and the right-of-use asset

3Ongoing Accounting and Remeasurement

Managing the lease over time

  • Periodic entries and impact on the income statement
  • Lease modifications and changes in the leased floor area
  • Remeasurement of the term or of the lease payments
  • Disclosures to be presented in the notes

Who is it for

Consolidation accountants, financial accounting managers and management controllers responsible for monitoring lease contracts.

Prerequisites

Knowledge of the general principles of international accounting standards.

Dates & locations

12 scheduled dates between November 2026 and December 2027. Seats are confirmed in the order enquiries are received.

November 2026

December 2026

January 2027

February 2027

March 2027

April 2027

May 2027

June 2027

September 2027

October 2027

November 2027

December 2027

None of these dates suit you? We open additional sessions on request, and any programme can be run privately for your team.

Practical details

Before the programme
Online positioning questionnaire. Your development objectives are shared with the trainer, who tailors the practical case studies to your context.
Teaching methods
Theoretical input, workshops and practical case studies. Digital course materials and method sheets provided.
Assessment
Multiple-choice tests and role-play exercises. Assessment of learning at the start and end of the programme, with immediate and 60-day follow-up evaluations.
After the programme
One year of access to the e-learning platform. Self-assessment of the skills acquired and a 30-day follow-up session with your trainer.
How to register
Registration online or on the basis of a quotation.
Lead time
11 working days after confirmation of registration.
Accessibility
Accessible to people of determination. Contact our accessibility coordinator to design a suitable solution: contact@mpf-academy.ae
Start dates
Rolling intake: in addition to the scheduled sessions, this programme can start on request.