$438.90

AASB 16 Leases Masterclass 2019 - 28 November

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BDO

38 Station St

Subiaco, WA 6008

Australia

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AASB 16 Leases Masterclass
28 November 2019

With being applicable for June 2020 year end, it is time that accounts move from the high level theory to a comprehensive understanding of “how to apply the standard”.

Most accountants are on top of the big picture story of AASB 16 - no more operating leases, right to use asset on the balance sheet, a lease liability will be recorded on the balance sheet, no more rent expense, EBITDA will improve, etc. However very few accountants have thought beyond the high-level impacts and come to terms with the practicalities of:

  • Calculating the lease liability
  • Calculating the ROU asset
  • Remeasuring the lease liability and ROU asset
  • Handling transition
    • What to do with legacy onerous lease liabilities
    • What to do with legacy lease liabilities and assets
    • Transition options

This hands-on masterclass, run by BDO WA's IFRS Advisory experts, will assist you in preparing the journals for adoption of AASB 16. We will take you through a practical case study including working through the transition requirements of the standard and calculation of the lease liability and ROU asset.

The new lease accounting model will change key financial metrics and KPIs and introduce volatility to the balance sheet and profit or loss due to continual re-measurement requirements.

Who should attend: Chief Financial Officers, Financial Controllers, Finance Managers, Accountants, Auditors and those involved in any aspects of financial or corporate reporting.

What to bring: Laptop with Excel

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Date and Time

Location

BDO

38 Station St

Subiaco, WA 6008

Australia

View Map

Refund Policy

Refunds up to 1 day before event

Eventbrite's fee is nonrefundable.

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