IFRS 16 - Leases Certification Training

The objective of this course is to understand the fundamentals and scope of IFRS 16 - Leases. It is designed for professionals such as accountants, finance teams, and auditors who need a practical understanding of the standard.

Total Duration of the training: 6 hours.

Certification assessment at the end of the training.

Welcome & Introduction:

• Trainer intro & objectives.
• Overview of IFRS 16 & its importance.
• Pre-training poll: current understanding.



Overview of IFRS 16 and Scope:

• Understand the purpose and scope of IFRS 16.
• Key definitions: lease, lessee, lessor, RoU asset.
• Scope exclusions and exemptions.
• Differences from IAS 17.



Lessee Accounting Model:

• Initial recognition & measurement.
• Subsequent measurement of lease liability and RoU asset.
• Lease term and discount rate determination.
• Low-value and short-term lease exemptions.



Lessor Accounting Model:

• Operating vs. finance leases.
• Recognition and measurement.
• Accounting for lease modifications.
• Subleases and sale & leaseback transactions.



Key Judgements and Estimates:

• Lease term: options to extend or terminate.
• Discount rate complexities.
• Non-lease components & practical expedients.



Disclosures and Presentation:

• Balance sheet & P&L presentation.
• Required notes disclosures for lessees and lessors.
• Transition disclosures (for new adopters).



Transition Approaches & Practical Implementation:

• Modified retrospective vs. full retrospective.
• Transition reliefs.
• Systems, controls & data requirements.



Wrap-Up & Notes Distribution (Summary + Resource Sharing):

• Download notes.
• Final doubts.
• Evaluation/Feedback.

• Accountants
• Auditors
• Finance Professionals
• Controllers
• Regulators

• Learn how to interpret accounting requirements of IFRS 9 into a model context.
• Find out how to align International Accounting Standards and Local Regulatory Requirements on EL-Provisions.
• Run Stress Test on IFRS 9 data.
• Combine Regulatory Baseline and Adverse Scenarios with IFRS 9 models.
• Integrate Stress Test Foresight and Migration Methodologies.
• Establish issues and solutions of 12 month and lifetime PD m

Certification

• On successful completion of the course, you will receive a Course Completion Certificate from Merit Global

An IFRS 16 certification course is essential for finance professionals aiming to master the complexities of lease accounting, which was fundamentally transformed by the removal of the distinction between operating and finance leases for lessees. By earning this certification, you gain the technical proficiency to implement the single lessee accounting model, ensuring that almost all leases are recognized on the balance sheet as Right-of-Use (ROU) assets and corresponding lease liabilities. This expertise is critical for accurately calculating and reporting the shift from simple rent expenses to a combination of depreciation and interest expenses, which directly impacts key performance metrics such as EBITDA, gearing ratios, and leverage profiles.

Beyond technical compliance, this qualification significantly enhances your career advancement and global mobility, as IFRS 16 is a high-impact standard across the 140+ countries using IFRS. Certified professionals are uniquely positioned to lead the management of large lease portfolios - common in industries like retail, aviation, and telecommunication - and to provide strategic advice on lease-versus-buy decisions. By demonstrating mastery of complex areas such as discount rates (IBR), lease modifications, and low-value asset exemptions, you become a vital asset for multinational corporations and "Big Four" firms. Ultimately, this certification signals to employers that you can navigate the increased transparency required by modern investors, often leading to senior roles such as Lease Accounting Manager, Financial Controller, or Senior Auditor.

He is a seasoned finance professional with extensive expertise in International Financial Reporting Standards (IFRS) and comprehensive experience applying accounting standards in real-world financial reporting environments. With a strong background in preparing, analyzing and interpreting financial statements under IFRS, he brings practical insights that help learners connect theory with actual reporting practice. Known for his clear and engaging training style, he simplifies complex standards into understandable concepts and real-life examples. His guidance equips professionals to confidently apply IFRS principles and enhance their accounting and reporting proficiency.

By the end of this 6-hour session, learners will be able to: