Mazars in South Africa presents
RECORDED WEBINAR
Accounting for leases under IFRS 16
Hosted on Wednesday, 21 April 2021 from 08h30 to 11h00 with Q&A starting at 11h00
2020 was a tough year for many companies. In amongst everything, entities had to apply IFRS 16 Leases for the first time, but were you ready? Did you get it right? Enrol for this online course to obtain a better understanding of the IFRS 16 requirements.
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2.50 hours verifiable CPD
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Completion certificate issues after completing multiple choice questions
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Competency area - Financial reporting
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IFRS 16 Master Class
What you can expect
from this course
In this in this online training session we will go over some practical application issues, including whether a contract is a lease and how to account for it.
We’ll spend some time on how to account for the leeway that lessors have granted lessees due to the Covid restrictions that have been placed on our country. Some of the common questions will be dealt with too with regards to deferred tax and impairments as well as looking at disclosures.
We’ll spend some time on how to account for the leeway that lessors have granted lessees due to the Covid restrictions that have been placed on our country. Some of the common questions will be dealt with too with regards to deferred tax and impairments as well as looking at disclosures.
After you have attended this session you should be able to:
- Identify leases as defined by IFRS 16;
- Know what to include in lease liabilities and right-of-use assets;
- Understand how to account for lease holidays or reductions; and
- Know what needs to be disclosed in your annual financial statements as required by IFRS 16.
Who should attend this training
The course is intended for accountants, auditors and preparers of financial statements, or anyone wanting a deeper understanding of IFRS 16 lease accounting.
This online course was presented by
Justine Combrink
Partner at Mazars in South Africa
Justine is a partner at Mazars in South Africa and is the head of the financial reporting division of Mazars in South Africa. She is also an JSE accredited IFRS advisor with more than 10 years of experience.
Suzanna de Jager
Partner at Mazars in South Africa
Suzanna is a partner in the financial reporting division of Mazars in South Africa. She has 13 years’ experience as a technical expert in the application of IFRS and is a JSE Accredited IFRS Advisor.
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