Programme Overview
 
This is an e-learning programme.

Upon successful registration and payment, you will be notified via email within 10-15 mins on your enrolment confirmation with user instructions to access this programme.
Please complete all topics and sub-topics within the E-Learning courseware.
(The programme and assessment is valid for 6 months from the date of purchase)
 
Programme Objective
 
FRS 116 sets out the principles for the recognition, measurement and discussion of leases. It supersedes FRS 17 Leases, INT FRS 104 Determining whether an arrangement contains a lease, INT FRS 15 Operating leases – Incentives, INT FRS 27 Evaluating the substance of transactions involving the legal form of a lease. FRS 116 is effective for annual periods beginning on or after 1 January 2019.
 
This programme intends to provide a quick overview of how to account for leases under FRS 116.
 

Programme Outline

Programme Outline
 

• Scope of FRS 116
• Lessee – Recognition and Initial Measurement
• Lessee – Subsequent Measurement
• Illustrative Example
• Exemptions
• Considerations

Training Methodology
 
E-Learning (24/7) with videos and MCQ Assessment

No cancellation or change in programme enrolment once the enrolment is successful.

Click here for ISCA E-Learning User Guide.

 

Intended For

Intended for all professional accountants in Singapore. Preparers and Auditors who need a short overview of how to account for leases under FRS 116 will find this programme useful.

Competency Mapping

Category 1 = 1.00 Hours

Programme Facilitator(s)