IFRS 16 Training Course | Lease Accounting | Discount Rates | Lease Modifications
This two-day Online IFRS 16 Training Course provides practical guidance on lease accounting, measurement and financial statement impact for professionals worldwide. Participants examine right-of-use assets, lease liabilities, discount rates, variable lease payments, modifications, subleases and sale-and-leaseback transactions. Comparative discussion considers important differences between IFRS 16 and ASC 842.
The programme addresses complex IFRS 16 application issues through practical examples and case studies. It covers the Lease Liability in a Sale and Leaseback amendments, effective from 1 January 2024, alongside lease modifications and incremental borrowing rates. The course also considers the IASB’s 2026 Post-implementation Review conclusions and planned further work on lease liability remeasurements, discount rates and certain rent concessions.
Designed for finance professionals across global markets, this online IFRS 16 course focuses on practical application and professional judgement. It is relevant to organisations managing property, equipment and other lease portfolios across multiple jurisdictions. Participants strengthen their ability to assess lease terms, measure lease liabilities and evaluate effects on financial statements, ratios, covenants and disclosures.
Key Learning Features
- Lease Identification: Assess whether an arrangement contains a lease and determine the appropriate lease term.
- Initial Measurement: Measure right-of-use assets and lease liabilities, including payments, incentives and direct costs.
- Discount Rates: Apply the implicit rate or determine an appropriate incremental borrowing rate.
- Reassessment and Modifications: Account for changes in lease terms, payments and contractual arrangements.
- Lessee and Lessor Accounting: Apply the respective models, including subleases and non-lease components.
- Sale and Leaseback: Apply current requirements, including amendments effective from 1 January 2024.
- IFRS and US GAAP: Compare key differences between IFRS 16 and ASC 842.
- Reporting Impact: Evaluate effects on financial statements, EBITDA, leverage, covenants, ratios and disclosures.
Global IFRS 16 Leases Training Schedule
Shasat delivers this IFRS 16 Leases programme in major financial centres worldwide and online. Each session covers lessee and lessor accounting in full. Topics include right-of-use assets, lease liabilities and the incremental borrowing rate. Participants also work through lease modifications, subleases and sale and leaseback transactions. Programmes address ASC 842 for US GAAP reporters. They also cover the revised FRS 102 Section 20, effective from 1 January 2026.
Online | London | Zurich | Dubai | Doha | Cape Town | Singapore | Sydney | Toronto | Miami | Bermuda | Lima | Rio de Janeiro
Related programmes. For revenue recognition under IFRS 15 and ASC 606, see our IFRS 15 workshops. For the full standards framework, see the IFRS Masterclass and Certificate in IFRS. All programmes are available as in-house engagements.
For More Information
For more information or to enrol in our IFRS 16 training program, please contact our customer service team. We are here to assist with your queries and support your professional development.
Instructor Bio
The course instructor will be one of our highly experienced faculty members.
Our Faculty: Expertise That Drivees Success
Shasat is proud to have over 30 world-renowned faculty members, each an expert in their respective fields, who share their hands-on implementation experience through our technical and professional development programs.
This workshop is delivered by one of Shasat’s leading IFRS 16 specialists, recognised internationally for advising major corporates, listed entities, and public-sector organisations on the practical implementation of lease accounting. The instructor brings extensive experience in lease identification, contract assessment, right-of-use (ROU) asset measurement, discount-rate determination, and managing complex lease portfolios across multiple jurisdictions. With strong technical expertise in transition options, modification accounting, embedded leases, subleases, and sale-and-leaseback transactions, the faculty member provides clear, application-focused guidance grounded in real reporting challenges. Participants gain practical insight into designing robust leasing processes, ensuring data quality, managing system requirements, and aligning lease accounting outcomes with governance, financial reporting, and audit expectations.
Our faculty combine real-world expertise with academic rigor, ensuring every session is interactive, relevant, and outcomes-driven. Participants gain practical tools, case-based insights, and strategic frameworks that can be immediately applied to enhance sustainability reporting and corporate governance within their organisations.
Our Partners
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Course Description
- Module 1: Introduction to IFRS 16 Leases
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Objective, scope, and core principles of IFRS 16
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Recognition exemptions for short-term and low-value leases
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Identifying a lease: the “right to control” concept
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Separating lease and non-lease components
- Module 2: Lease Terms and Key Definitions
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Determining the lease term, including renewal and termination options
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Reassessment triggers and contract modifications
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Distinction between short-term, low-value, and concessionary leases
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Comparison with IAS 17 and conceptual changes
- Module 3: Measuring and Recognising Lease Liability
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Determining the interest rate implicit in the lease vs. incremental borrowing rate
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Measuring lease liability, including fixed and variable lease payments
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Reassessment of lease liability upon changes in lease term or payments
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Impact of lease liability recognition on financial ratios and covenants
- Module 4: Accounting by Lessees
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Initial and subsequent measurement of right-of-use (ROU) assets
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Depreciation, interest expense, and presentation in financial statements
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Lease modifications, remeasurements, and early termination
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Treatment of incentives, initial direct costs, and dismantling obligations
- Module 5: Accounting by Lessors
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Classification of leases by lessors (finance vs. operating)
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Recognition and measurement of lease receivables
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Subleases and head-lease interactions
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Updated guidance on sale-and-leaseback and the 2022 IFRS 16 amendments
- Module 6: IFRS 16 vs. US GAAP (ASC 842)
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Key differences in recognition and measurement
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Practical impacts on multinational companies
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Differences in discount rates, modifications, and presentation
- Module 7: Disclosure Requirements
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Required quantitative and qualitative disclosures
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ROU assets, maturity analyses, variable payments, and sensitivity data
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Illustrative examples and best-practice disclosure formats
- Module 8: Transition and Practical Implementation
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Transition approaches and their impact on opening balances
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System and data-management considerations
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Challenges in gathering lease data and maintaining compliance
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Internal controls and governance for lease accounting
- Module 9: Case Studies and Industry Examples
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Application of IFRS 16 across industries (retail, aviation, telecom, real estate, public sector)
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Analysis of real-world lease contracts and scenarios
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Hands-on exercises covering measurement, modification, and reassessment
This comprehensive course is designed to provide learners with a deep understanding of IFRS 16 Leases and its practical implications for financial reporting and analysis. The course includes a mix of theory, case studies, and practical examples to help learners build the knowledge and skills necessary to confidently apply the standard in their day-to-day work.
The course agenda provided herein is the proprietary intellectual property of Shasat. It is intended solely for the use of participants enrolled in the respective course. Any reproduction, distribution, or unauthorized use of this course agenda, in whole or in part, without the explicit written consent of Shasat, is strictly prohibited and may result in legal action.
All rights reserved. ©2025, Shasat
Why you must attend?
Attention all financial professionals! The landscape of International Financial Reporting Standards (IFRS) is evolving and it’s important to stay up-to-date with the latest changes. The new lease accounting standard, IFRS 16, is now in effect and is set to fundamentally change the way lease transactions are accounted for, with significant implications for financial ratios. To help you navigate this complex standard and remain ahead of the curve, we have developed an online/In-person one-day workshop that provides in-depth insight into IFRS 16. This comprehensive walk-through will equip you with the knowledge and skills needed to accurately report useful information to users of financial statements.
With over 140 countries adopting IFRS as their accounting standards, it’s never been more crucial to develop your knowledge of IFRS 16. Whether you’re new to the standard or have already implemented it, investing your time in learning and staying updated is essential. Led by one of the best and most experienced faculties in the world, our IFRS 16 Workshop offers a highly interactive and practical learning experience in a classroom environment. With limited class sizes of maximum 10 participants, you’ll benefit from a personalized and immersive learning experience that maximizes interaction and ensures that learning outcomes are met.
Don’t miss out on this unique opportunity to develop your skills and knowledge in IFRS 16 and take your professional development to the next level. Register for our IFRS 16 Leases training course today and equip yourself with the knowledge and skills needed to tackle the challenges of this complex standard.
Teaching methodology
The training program will employ a comprehensive and engaging approach to learning, designed to deliver maximum impact and retention. The methodology includes:
- A user-friendly slide deck that presents the concepts, methodologies, and principles in a clear and concise manner, making the material easily accessible to all attendees.
- Interactive sessions featuring real-life case studies to provide hands-on experience and bring the material to life.
- Explanations of concepts and methodologies through the use of examples and distinct scenarios, allow attendees to understand the material in context.
- Group exercises designed to illustrate accounting principles, encouraging collaboration and fostering a deeper understanding of the material.
- Discussions on IFRS vs US GAAP (ASC 842) differences, industry issues, and diversity in practices, provide attendees with a well-rounded understanding of the subject matter.
- Access to additional course material and handouts, ensuring attendees have a comprehensive reference resource to support their learning.
- An open and inclusive atmosphere that encourages attendees to ask questions and engage in discussion, ensuring a thorough understanding of the material.
The combination of these elements creates a dynamic and engaging learning experience that will support the professional development of all attendees.
Who should attend?
The IFRS 16 workshop is designed for a wide range of professionals, including:
- Accountants and finance professionals who use and produce financial statements under IFRS, and need to stay up to date with the latest developments in accounting standards and disclosure requirements
- Auditors who need to understand and apply the latest IFRS guidance to their audit work
- Market research analysts who require an understanding of how financial statements are prepared and presented under IFRS, in order to conduct effective financial analysis and valuation
- Professionals from rating agencies who use financial statements as a basis for credit ratings and need to keep up to date with the latest accounting standards and disclosure requirements
- Regulators who require an understanding of the latest accounting standards and disclosure requirements in order to develop and enforce effective financial reporting regulations
- Capital market watch experts who need to keep up to date with the latest developments in accounting standards and disclosure requirements in order to provide insights and recommendations to investors and other market participants.
No matter your profession, if you work in a field related to accounting, finance, or investment, the IFRS 16 Program can provide you with the knowledge and skills you need to stay ahead in today’s global reporting environment.
Feedback
Upon completion of the course, all delegates will receive an evaluation questionnaire aimed at gathering valuable feedback. This feedback is crucial to Shasat’s ongoing commitment to improving the quality of its learning solutions. By analyzing the trends in the responses, we are able to continuously enhance and refine our offerings to meet the evolving needs of our clients.
Venue & other info
Our training programs take place at the most prestigious professional training facilities in the city. Our venues have been meticulously chosen and expertly crafted to deliver an unparalleled and sophisticated learning experience. To further elevate your training journey, we will offer an array of refreshments including gourmet tea/coffee, delectable snacks, and a sumptuous lunch to sustain you throughout the course. Your comfort and satisfaction are of the utmost importance to us. One week before the program begins, you will receive comprehensive joining instructions that include the exact venue details.
Please note that accommodation arrangements are the responsibility of the attendee.
Workshop Delivery (Online Programs)
The workshop will be delivered via the WebEx platform. Upon registration, all participants will receive comprehensive joining instructions for the live workshop. This fully virtual event will encompass a live-streamed presentation, personalized networking opportunities, interactive Q&A sessions, engaging polls, and post-event consultation to address specific concerns and support your continued growth.
In-Person Workshop
Please be advised that for all in-person training programs, joining instructions will be sent via email to registered participants one week prior to the program’s commencement. These instructions will provide comprehensive information regarding the venue location, date, and time, as well as other important details such as parking arrangements, dress code, and any necessary equipment or materials. Kindly ensure that you carefully review the joining instructions and follow the guidelines provided to ensure a smooth and well-organized experience during the program.
Changes to the conference
Shasat reserves the right, at its sole discretion, to make modifications to the format, speakers, participants, content, venue location, program, or any other aspect of the conference, at any time and for any reason, without incurring any liability. This policy has been implemented due to recent events such as the Covid-19 pandemic and other jurisdictional restrictions. These modifications may include but are not limited to, changes necessitated by a Force Majeure Event
We are pleased to offer sponsorship opportunities for our training programs, providing companies with a unique platform to showcase their brand and services to a highly engaged and relevant audience. By becoming a sponsor, your organization will have the opportunity to build brand awareness, demonstrate thought leadership, and cultivate valuable relationships with industry professionals. Our programs offer a platform to reach a targeted audience and generate new business leads while showcasing your expertise. The benefits of sponsorship include increased brand exposure, opportunities to connect with key decision-makers, and a platform to promote your products and services. We invite you to take advantage of this prime opportunity and partner with us to enhance your visibility and impact within the industry.
We kindly request that you carefully review all of the terms and conditions outlined on our website. This information is critical in ensuring a clear understanding of our policies and procedures. Please follow the link provided to access this information.
Discover more about Shasat by exploring our “About Us” page, where you can gain insights into our company’s mission, values, and history, and learn how we can help you achieve your goals.
Payment
Enroll in our program with ease by choosing from our secure online payment options. You can make a payment through our website using PayPal or Stripe, or opt for a bank transfer, demand draft, or cheque payment. Our payment page will provide all necessary options during checkout. If you encounter any issues, our customer service team is here to assist you. Simply reach out to us with your selected course, and we’ll guide you through the payment process.
We kindly request that you take into consideration any associated bank fees when making your course fee payment. To ensure your participation in the program, payment must be received before the course date. Once we have received both payment and a completed registration form, we will confirm your enrollment in the program. Thank you for your understanding and cooperation.
Group discount
Our company is proud to offer a group discount of 15% for organizations or individuals who book a course for 5 or more participants. To take advantage of this offer and receive a personalized group discount code, please reach out to our customer service desk at info@shasat.com. Our team will be delighted to assist you with the booking process and answer any questions you may have. With this group discount, you can invest in the professional development of your team and drive success for your organization. Don’t hesitate to contact us today to learn more.
Upon successful completion of the training course, each participant will receive a certificate of completion that attests to the number of hours spent in training and serves as a valuable representation of their dedication to professional development. The certificate is not only a symbol of their achievement but also serves as proof of continuous professional development (CPD) and demonstrates their commitment to staying current in their field. We believe that CPD is a crucial aspect of career advancement and personal growth, and are proud to provide our participants with this important document.
For further assistance, we invite you to contact our dedicated customer service team. Our experienced and knowledgeable representatives are available to answer any questions you may have and provide the support you need to make informed decisions. We are committed to ensuring that you have a positive experience and are here to help in any way we can. Please don’t hesitate to reach out to us at your convenience.
In-House Training
Enhance your team’s skills and drive success for your business with our custom In-house training program. Our tailored approach aligns with your specific business needs, offering a cost and time-efficient solution for upskilling your employees. This not only improves their productivity but also positions your company as a competitive force in the market. Transform your investment in employee development into tangible results by choosing our In-house training option. To discuss and learn more about our services, please don’t hesitate to contact our training desk. We’re ready to help you create a bespoke program that’s just right for you.
