Master the essentials of IFRS 16 and apply lease accounting with confidence.

This course is designed to give you a solid understanding of IFRS 16 and how to apply its principles in real-world accounting scenarios. IFRS 16 sets the standard for the recognition, measurement, presentation, and disclosure of leases, significantly impacting how leases are reported in financial statements.
Through clear explanations and practical examples, you’ll learn the key terminology, concepts, and requirements of the standard. Whether you’re a preparer or user of financial statements, this course will help you navigate the complexities of IFRS 16 and ensure compliance with its guidelines.

Finance Educator
As a senior finance professional with extensive corporate reporting experience and over a decade of financial reporting and accounting experience, Tess has led the implementation of numerous complex accounting standards, including the full implementation of IFRS for a large public corporation. Her accounting experience encompasses a broad range of areas including: internal controls over financial reporting, consolidation, M&A and equity accounting, foreign currency hedging, process improvement, Canadian and U.S. taxation, not-for-profit reporting, and audit. Throughout her career, Tess has also led a variety of training sessions ranging from accounting and regulatory standards to personal finance.
Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.
Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.