IFRS 15 & IFRS 16
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CPD StandardsInstant confirmationGlobal presenceThe introduction of IFRS 15 (Revenue from Contracts with Customers) and IFRS 16 (Leases) has significantly changed financial reporting for organisations across industries. These standards affect how revenue is recognised and how leases are accounted for, impacting financial statements, performance indicators, and compliance requirements. This five-day course provides participants with a comprehensive understanding of IFRS 15 and IFRS 16, focusing on practical application, implementation challenges, and the implications for financial decision-making and reporting.
Course Objectives
By the end of this course, participants will be able to:
- Understand the key principles and frameworks of IFRS 15 and IFRS 16.
- Apply the five-step revenue recognition model under IFRS 15.
- Recognise and measure leases in compliance with IFRS 16.
- Assess the impact of these standards on financial statements and disclosures.
- Analyse real-world examples of IFRS 15 and IFRS 16 application.
- Strengthen compliance and reporting processes within their organisation.
Who Should Attend?
- Finance managers and controllers
- Accountants and auditors
- Financial analysts and reporting professionals
- Compliance and regulatory officers
- Anyone involved in preparing or reviewing financial statements under IFRS
Course Outline
- Overview of the IASB and IFRS framework
- The importance of IFRS 15 and IFRS 16 in financial reporting
- Key differences from previous standards (IAS 17, IAS 18, IAS 11)
- Impact on industries and organisations
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CPD Standards
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What our delegates say
Thank you for the opportunity for having attended Advanced Skills of the Bid and Tender Management Process from London Training for Excellence. It was a good experience as I find myself with added knowledge so as to contribute I a more quality manner to my com…
The course is very adaptable to everyday work and contributes to developing CSR framework in our own organisation. Very practical and useful.
The training provided by LondonTFE are very inspirational and thought provoking. The outlines are comprehensive and the method of teaching is mostly practice-oriented. The LondonTFE staff always been able to balance the composition of participants, which contr…
