IFRS 16 Leases Technical Workshop
Event summary
IFRS 16 Leases continues to be a significant project for many local authorities. Whilst CIPFA FAN has covered the ‘new’ leasing standard many times, this is an opportunity to review again the standard purely from a technical perspective, given that some practitioners who benefited from earlier training sessions may have moved on or changed roles. We are re-running a ‘back to basics’ full-day workshop on the technical aspects of IFRS 16, now that it forms part of the mandatory accounting requirements under the 2024/25 Code.
Date
31 October 2024
Starts: 10:00
Ends: 16:30
Location
Webinar
[See map]Webinar
Standard price
£365.00 excl VAT
Network Member Price
£310.00 excl VAT
Event booking is currently unavailable online. If you would like to book onto this event, please contact customerservices@cipfa.org or 020 7543 5600
About this event
Who should attend?
The workshop is designed primarily for local authority, police and fire finance staff and any technical/project accountants involved in local authority preparations for the implementation of IFRS 16 Leases in 2024/25.
Wider awareness of the changes and information requirements arising from implementation may also benefit other colleagues in your organisation, for example property teams/valuers and other staff involved in taking out or managing leases or leased assets under current accounting arrangements.
How will you benefit from attending?
The key benefits from attendance will be:
- Improved knowledge of the main technical aspects of the IFRS 16 leasing standard
- A greater appreciation of the practicalities of lease accounting under IFRS 16 including recognition, exemptions, initial and subsequent measurement, transitional provisions, use of the cost model, adaptations and interpretations for local authority application, accounting policies, etc.
Greater confidence in understanding the key tasks and information requirements for a successful implementation of IFRS 16 in 2024/25.
CPD hours
This workshop carries 5 CPD hours.
Topics
- Accounting
- / Capital finance
- / Financial reporting
- / IFRS
- / Local government
- / Police
Speaker - David Ellis, FAN Advisor, CIPFA
David joined CIPFA in July 2012 as a FAN advisor, after a 30 year career in local government. He spent several years as chief accountant with key responsibilities for the statement of accounts.
David has an extensive technical knowledge and practical understanding of local authority financial statements and the International Financial Reporting Standards (IFRS)-based Code of Practice, and uses that wealth of knowledge and experience to provide support and guidance to practitioners across local government in his established role as FAN advisor. David qualified with CIPFA back in 1989 and uses his passion for understanding the evolving technical aspects of local authority accounting to provide support to finance staff at a practical level. As the pressures on local government funding and services continue to bite, CIPFA's FAN support is becoming an ever-important lifeline for busy practitioners in helping them prepare for and manage the changes in financial reporting and accounting required to comply with the code of practice.
Email: david.ellis@cipfa.org
Tel: 07879 665950