Sale & Leaseback Transactions, Leases and Financing Arrangements

ACC_A012i

English

Course Description

Synopsis:

SFRS(I) 15 Revenue from Contracts with Customers scopes out lease contracts within the scope of SFRS(I) 16 Leases. IFRS 16 however pulls in IFRS 15 for assets transferred in repurchase agreements, to determine whether the asset transferred is a sale. Both IFRS 16 and IFRS 15 are intertwined in determining the accounting for repurchase agreements; and sale and leaseback transactions.

In this talk, Ms Lim Ju May, Technical Director & Assurance Principal, spotlights on SFRS(I) Leases with an in-depth look into Sale and Leaseback Transactions. Identifying whether an agreement is, or contains a lease requires judgment and can be challenging because the line between a lease contract and a service contract can be blurred. The workshop also provides participants with a roadmap to determining whether a contract contains a lease.

  • Part 1: IFRS 16 Leases
  • Part 2: Sale and Leaseback Transactions

 

Intended For:

  • Audit Professionals / PAIP 
  • Finance Professionals  / PAIB 
  • Public Sector Finance
  • C-suite & Directors

 

Competency Mapping: 

  • CPE Category 1 = 1.0 CPE Hour 
Instructor Image

Lim Ju May

Technical Director & Assurance Principal, CLA Global TSJu May has a wealth of experience in the accounting and auditing profession. At CLA Global TS, Ju May heads the technical development and support on professional standards related to financial reporting, accounting and auditing. Prior to joining CLA Global TS, she was the Head of ISCA’s Technical Division for eight years and had had over twelve years working experience with several Big 4 accounting firms. During her career there, she managed diverse portfolios of assurance and special work assignments involving public and private companies of various industries. Special engagements include capital raising exercises involving cash flow projections, proforma financials and comfort letters.
View profile

Course Rating

Speaker's Rating

1 CPE Hour

Lesson(s)

4

Learn anytime, anywhere.

Connect with us

Useful Links