IFRS 15 & IFRS 16
Stay ahead in the dynamic world of accounting, learn the technically complex revenue recognition and lease accounting standards.
Course Intro:
This program comprises complete course on IFRS 15 – Revenue from Contract with Customers and IFRS 16 – Leases. The program comes with:
- One month access to self-paced full classes of the two standards
- 2-day Virtual classes, 4 hours a day with practical questions and solutions
This program is designed to provide step-by-step knowledge for the application, measurement, implementation, recognition and maintenance under the two critical accounting standards. The training program comprises examples, assignments and practical problems.
The course also offers a one hour extra class at end of one month period, on the request of the clients.
IFRS 15 – REVENUE FROM CONTRACT WITH CUSTOMERS:
OBJECTIVES OF THE PROGRAM:
At the end of the program, participants should be able to:
- Understand the five steps for revenue recognition, to
- Decide if the item of income is in the scope of the IFRS 15 standard
- Identify the contract with a customer,
- Determine performance obligation,
- Determine the transaction price,
- Allocate the transaction price to performance obligation, and Recognize revenue
- Apply the criteria for revenue recognition
under IFRS 15 to different scenarios. 3.
Understand the disclosure requirements.
Credit Hours
8 Hours
Delivery Channel
Virtual and Self-Paced lessons
Date and Time
September 4 & 5, 2023
Certificate
Certificate Program
Difficulty
Beginner to Expert
Scan to Pay:
IFRS 16 – LEASES:
OBJECTIVES OF THE PROGRAM:
At the end of the program, participants should be able to:
- Identify, recognize, measure, present and disclose assets under IFRS-16
- Implement and incorporate IFRS-16 in all industries, particularly those
- Impacted highly by the standard
- Comprehend the impact of termination, revision, cancellation and others
- Understand and account for Modifications to leases and where a re-measurement is required
- Comprehend sub-leases and sale and leaseback transactions
- Train and, mentor their teams on how to identify, recognize and disclose leases
Participants:
- Accountants
- Finance Managers/ officers
- Risk Managers
- Business Analysts
Date and Time:
- E-Learning – Virtual Cohort & self-paced
- Course duration: 8 hours
- Virtual Classes – 4 hours a day, 2 days
- Self-paced lessons: 1-month access 24/7
- Timing 11:00 AM (GMT+5)
- Next classes on September 4 & 5, 2023
- ▪ US$ 195 Pay now
Certificate:
Participants will receive a successful course completion certificate.
Survey:
At the end of each Program we carry out a survey to ensure our participants receive the best of our services.
Trainers:
SANA QUADRI
Ms Sana is an experienced process improvement digital solution enthusiast a finance professional who is an IFRS expert She has worked with prestigious organizations in senior positions including in the role of Director Financial Reporting for Telenor Microfinance Bank and Chief Financial Officer for Lakson Investments and Next Capital and remained associated with the financial services industry for over 14 years She has worked on a wider array of projects and with major divisions throughout various sections of the banking industry, including projects on IFRS 16 IFRS 9 and IFRS 15 Based on her extensive financial reporting, presentation, and IFRS implementation experience, she is a trainer for IFRSs and Financial Storytelling techniques and runs a live program on the “IFRS Practical Issues Series” Some of the companies whose professionals she has trained are:
- HBL
- Biafo Industries
- Treet Corporation
- Tapal
- Ubl Funds
- Atlas Funds
- Shan Foods
- Attock Cement
- Macpack Films
- Toyo Packaging
- DIC Pakistan
A few years ago, she took the role of an Entrepreneur and founded Ed Watch with a focus on the critical skills development needs of the present and future workforce Ms Sana was among the team that led the Institute of Chartered Accountants of Pakistan’s ( first ever “Women Inclusion Policy” Ms Sana is a Chartered Accountant and served her three years of article ship period in PricewaterhouseCoopers Pakistan She has been a member of ICAP’s committee on “Economic Advisory and Government Relations” for the last three years and served the “Women’s Committee” for three terms She has also been a member of ICAP’s Committee on Fiscal Laws where she had the chance to research and suggest possible solutions for “Increasing the tax net in Pakistan” Her work was published in “The Pakistan Accountant” under the title; “Time to tackle taxation Jams” in 2018