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IFRS 15 & IFRS 16

  • Overview ImageOverview
  • Outline ImageCourse Outline
  • Scheduled ImageScheduled Dates

Overview ImageCourse Overview

The 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.

Objective:

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.
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Overview ImageCourse Outline

Day 1 – Introduction to IFRS 15 & IFRS 16

  • 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

Day 2 – IFRS 15: Revenue from Contracts with Customers

  • The five-step revenue recognition model
  • Identifying contracts and performance obligations
  • Determining transaction prices and allocation
  • Recognising revenue as performance obligations are satisfied

Day 3 – Practical Applications of IFRS 15

  • Contract modifications and variable consideration
  • Principal vs. agent considerations
  • Licensing, construction, and service contracts
  • Disclosure requirements and case study examples

Day 4 – IFRS 16: Leases – Principles and Applications

  • Identifying a lease under IFRS 16
  • Accounting for lessees: recognition, measurement, and presentation
  • Accounting for lessors: classification and treatment
  • Key impacts on balance sheets, profit and loss, and KPIs

Day 5 – IFRS 16 Practical Issues and Integrated Reporting

  • Transition approaches and practical expedients
  • Sale and leaseback transactions
  • Disclosure requirements and practical challenges
  • Integrating IFRS 15 and IFRS 16 in financial reporting and audits
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Overview ImageSchedule & Fees

3 For 2Offer

Get the most out of group training with our special discount! Register 3 of your participants together on the same course and only pay for 2.

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Location

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Date: 10 - 14 Nov 2025

Duration: 5 Days

Venue: London

Price: $5,900

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Date: 29 Dec, 2025 - 02 Jan, 2026

Duration: 5 Days

Venue: London

Price: $5,900

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IFRS 15 & IFRS 16

IFRS 15 & IFRS 16

Date: 10 - 14 Nov 2025
Duration: 5 Days
Venue: London
Price: $ 5,900
youtube Register & Checkout
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John Bayson

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IFRS 15 & IFRS 16

  • United KingdomLondon
  • calendar10 - 07 Nov 2025
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IFRS 15 & IFRS 16

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  • United KingdomLondon
  • 10 - 07 Nov 2025
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