WHAT YOU'LL LEARN
IFRS 16 Leases Course
Learn IFRS 16 lease accounting through structured online lessons, worked questions, and practical case studies. Understand right-of-use assets, lease liabilities, lease measurement, and the accounting treatment of lease transactions.
IFRS 16 – Leases Course Overview
This IFRS 16 online course provides a practical understanding of the principles used to identify, recognise, and measure leases. You will learn about right-of-use assets, lease liabilities, lease classification, lease and service contracts, and the impact of IFRS 16 on financial statements.
The course explains how IFRS 16 changed lessee accounting compared with IAS 17, including the recognition of a right-of-use asset and lease liability for most leases. It also covers relevant exemptions and the accounting treatment of different lease arrangements.
WHAT'S INCLUDED in IFRS 16 Leases Online Course
Everything you need to master in IFRS 16 Leases Online Course
Your course package gives you access to the resources and practical materials needed to study IFRS 16 lease accounting effectively.
Topic Videos
Lectures covering the key areas of the IFRS 16 standard
Question & Solution Videos
Worked questions with detailed solutions
One Year Access
Study at your own pace with 12 months of full access
Excel Working Files
Downloadable Excel files to practise alongside each lesson
Certificate of Completion
Earn a certificate when you finish the course
Understand the IFRS 16 Leases Syllabus
Your complete course covers lease accounting from why IAS 17 was replaced through to complex lessor and remeasurement scenarios — from right-of-use assets and lease liabilities through to sale and leaseback — with worked questions and case studies throughout.
IFRS 16 fundamentals
Problems with the old standard IAS 17, what's new in IFRS 16, and how off-balance sheet financing is closed.
Lease classification and scope
Distinguishing a lease from a service contract, classifying lease contracts, and the short-life contract exception.
Right-of-use asset and lease liability
The new definition of the right-of-use asset, initial recognition, and initial measurement of the lease liability.
Subsequent measurement
Subsequent measurement and remeasurement of the lease liability, and its ongoing impact on the financial statements.
Sale and leaseback
When and how sale and leaseback is recognised, and its accounting treatment with worked examples.
Lessee and lessor accounting
Lessee accounting treatment throughout the lease term, lessor accounting treatment, and special cases.
IFRS 16 Leases Course Content
A clear path through the IFRS 16 Leases Syllabus
Student reviews
What students say about their experience with Vertex
IFRS 16 Leases FAQs
Frequently Asked Questions for IFRS 16 Leases Course
Who is this course suitable for?
It's designed for accounting and finance professionals, as well as students from ACCA, CIMA, CA, ICAEW, CAT, BBA, MBA and other qualifications studying financial accounting and financial reporting under IFRS.
Do I need prior knowledge of lease accounting to take this course?
No. The course takes you from beginner to advanced level, starting with why IAS 17 was replaced and building up through right-of-use assets, lease liabilities, and more complex scenarios like sale and leaseback.
What will I actually learn to do?
You'll learn to distinguish a lease from a service contract, recognise and measure right-of-use assets and lease liabilities, account for sale and leaseback transactions, and understand why off-balance sheet financing is no longer possible under IFRS 16.
How is IFRS 16 different from the old standard, IAS 17?
IFRS 16 requires businesses to bring nearly all leased assets and liabilities back onto the statement of financial position — closing the off-balance sheet financing loophole that IAS 17 allowed for operating leases. The course covers this comparison in detail.
How long do I have access?
You get one year of full access, so you can study at your own pace and revisit lessons as needed
Do I get a certificate after finishing the course?
Yes, a certificate of completion is issued once you finish the course.
Ready when you are
Learn IFRS 16 Lease Accounting Today
Build practical knowledge of right-of-use assets, lease liabilities, measurement, remeasurement, and sale-and-leaseback with VLS. Enrol now for access to the lessons, Excel working files, and worked practice questions.