2018

Oct 24 Mumbai

Implications of New Lease Accounting Guidance as per IND AS 16 - A deeper review

1

Days remaining

Training dates - October 24, 2018

Training locaton - Mumbai

Training fee - ₹20,000 + applicable taxes

 

Summary

 

Background and Objectives

 

The IASB has made significant changes to lease accounting and issued IFRS 16 that is applicable from January 01, 2019. Indian companies will be required to apply the Indian version of IFRS, Ind AS 16, from the accounting year beginning April 01, 2019 onwards.

 

These changes will affect not only accounting in the leasing industry but also the structuring of lease transactions as the impact on reported financials is likely to be significant. This programme seeks to address the new guidance and understand the implications for lessors and lessees. We believe that impact on lessees need to be absorbed by lessors as the leasing companies are in the forefront in structuring leasing solutions for their client and impact on client financials will play a major role in any structured finance transaction.

 

The programme will benefit

 

  • Finance professionals engaged in selling lease structures, accounting managers, finance managers who decide which structure is optimal, risk managers, auditors, and compliance personnel.

The programme will cover

 

  • Existing guidance in Ind AS and Indian GAAP
  • Revised guidance brought in by Ind AS 16
  • Implications for lessees in financial profit reporting, financial debt and debt ratios, EBIDTA margins, Return ratios like RoE, RoA, RoCE
  • Implications for lessors in structuring these transactions