Overview
This module covers lease accounting under IFRS 16, including right-of-use assets, lease liabilities, and finance vs operating lease classification. Topics include initial recognition, subsequent measurement, and maturity analysis.
1. Lessee accounting
- Initial recognition: right-of-use asset and lease liability
- Subsequent measurement and remeasurement
- Exemptions: short-term and low-value leases
2. Lessor accounting
- Finance vs operating lease classification
- Initial and subsequent measurement
- Sale and leaseback transactions