Programme Objective

This workshop will focus on FRS 116 Leases, new accounting standard on lease accounting and its related tax implications.
 

Programme Outline

•   FRS 116 – Leases
•   New definition of Lease
•   Lessee’s Accounting under new guidance of FRS 116
•   Lessor’s accounting
•   Transition from IAS 17
•   Tax treatment of leases

Learning outcome

•   Understanding of FRS 116
•   Changes from FRS 17
•   Understand how leases are treated for income tax purposes
•   Understand the Impact of the differences between the tax treatment and accounting adjustments arising from FRS 116

Training Methodology

Lecture style with exercises /case studies.

Closing Date for Registration

1 week before programme or until full enrolment.
 

Intended For

Accountants, Controllers, Finance managers, Auditors and All Accounting Professionals.

Programme Facilitator(s)