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Description

IFRS 16: Identifying, Measuring and Remeasuring Lease Contracts

Resolve the practical difficulties of IFRS 16 on lease term, rent indexation and lease renegotiations

  • 1 day — 7 h
  • In-person or virtual
  • Expert
  • Up to 6 participants

IFRS 16 brought leases onto the balance sheet, but the real difficulty has shifted to ongoing monitoring. The lease term depends on renewal options assessed by management, indexed rents move every year, and each renegotiation requires a decision between remeasurement and modification. Tracking spreadsheets age poorly and discrepancies build up.

This one-day programme is designed for practitioners who already apply the standard. The seven hours cover the identification of a lease contract, the initial measurement of the right-of-use asset and the lease liability, then the subsequent events that trigger recalculation: indexation, exercise of an option, sale and leaseback, and early exit.

Learning objectives

  • Determine whether a contract contains a lease within the meaning of IFRS 16
  • Set the lease term and substantiate the assessment of options
  • Measure the right-of-use asset and the lease liability at commencement date
  • Select and justify the discount rate applied
  • Handle remeasurements arising from indexation and changes in assumptions
  • Account for lease modifications and early terminations

What makes this programme different

Calculations are reworked step by step on an indexed commercial lease from the first to the last rental payment
Remeasurement and modification cases are separated using a decision tree applied live in the session
Participants review a lease tracking schedule and identify the recurring anomalies

Programme

1Contract identification and lease term

Deciding what falls within scope

  • Identified asset and control over its use
  • Separating lease and non-lease components
  • Exemptions for short-term and low-value leases
  • Assessing renewal and termination options
  • Commercial property leases in the region and contracts renewed by tacit agreement

2Initial measurement and recognition

Building the right-of-use asset and the liability

  • Composition of the lease payments included in the liability
  • Selecting the discount rate and documenting the incremental borrowing rate
  • Initial direct costs and restoration costs
  • Depreciation of the right-of-use asset and interest expense
  • Impact on key financial aggregates and on banking covenants

3Subsequent events and recurring difficulties

Keeping contracts up to date without drift

  • Rent indexation and the distinction between remeasurement and modification
  • Exercising or forgoing a renewal option
  • Extension, reduction and early termination of leased space
  • Sale and leaseback transactions and subleases
  • Lessor accounting and disclosure requirements

Who is it for

Accounting managers · consolidation specialists · technical accounting and standards managers · financial controllers and experienced auditors.

Prerequisites

Applying IFRS 16 in your role or contributing to IFRS consolidation work.

Dates & locations

24 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.