A tailored course, built for your situation
Deeper Command of IFRS 16 Implementation Patterns
Master the recurring structures and edge-case resolutions that define accurate lease accounting under global standards
$199 one-time
24-hour access provisioning
30-day money-back guarantee
Hand-built implementation playbook
12 modules. 12 chapters per module. 144 chapters total.
12 modules, each with 12 chapters (144 chapters total), text-based, plus downloadable templates and a hand-built implementation playbook delivered alongside course access.
The situation this course is for
Who this is for
Mid-level accounting practitioner in a multinational organization, responsible for accurate and defensible application of IFRS standards, especially in complex or ambiguous scenarios
Who this is not for
Entry-level staff learning basic journal entries, or executives seeking high-level compliance overviews
What you walk away with
- Map any lease arrangement to IFRS 16’s core evaluation tree with confidence
- Apply transition relief options correctly based on organizational context
- Anticipate auditor questions using standard-aligned reasoning
- Structure disclosures that reflect both technical accuracy and operational reality
- Build reusable templates for lease modification and remeasurement events
The 12 modules (with all 144 chapters)
Module 1. IFRS 16’s Core Logic Tree
Break down the standard into decision nodes: lease identification, lease term, discount rate selection, and classification criteria using real-world examples from multinational contexts.
12 chapters in this module
- What makes a contract a lease
- Identifying enforceable rights
- Determining lease term
- Assessing optional extensions
- Evaluating termination clauses
- Recognizing embedded leases
- Splitting lease and service components
- Applying the recognition exemption
- Choosing discount rates
- Using incremental borrowing rate
- Relying on lessor rates
- Documenting judgment basis
Module 2. Transition Methods Compared
Walk through full retrospective, modified retrospective, and practical expedients, showing when each applies and how documentation differs across methods.
12 chapters in this module
- Full retrospective overview
- Modified retrospective entry
- Practical expedient eligibility
- Applying package of exemptions
- Hindsight use rules
- Lease classification carryforward
- Discount rate at transition
- ROU asset initial value
- Lease liability setup
- Comparative period handling
- Disclosure transition rules
- Audit trail requirements
Module 3. Lease Modification Protocols
Define modification types, scope, term, consideration, and show how to reclassify, remeasure, and account for changes without losing alignment with standard intent.
12 chapters in this module
- Identifying a modification
- Assessing scope changes
- Handling term extensions
- Evaluating early termination
- Adjusting lease payments
- Reassessing lease classification
- Recalculating ROU asset
- Updating lease liability
- Discount rate reassessment
- Journal entry sequencing
- Disclosing modifications
- Auditor communication tips
Module 4. Discount Rate Selection Framework
Clarify when to use lessee’s incremental borrowing rate, lessor’s rate, or a secured rate, with methods to estimate and justify each in audit-facing work.
12 chapters in this module
- Defining incremental borrowing rate
- Assessing currency alignment
- Evaluating collateral impact
- Using credit-adjusted rates
- Sourcing market benchmarks
- Applying company-specific premiums
- Documenting rate rationale
- Rate changes over time
- Handling floating rates
- Lease versus loan rates
- Cross-border rate issues
- Rate consistency checks
Module 5. ROU Asset and Liability Mechanics
Trace the lifecycle of right-of-use assets and lease liabilities from inception through remeasurement, showing calculation logic and amortization patterns.
12 chapters in this module
- Initial ROU asset value
- Lease liability at commencement
- Separating components
- Applying interest method
- Amortizing ROU asset
- Remeasuring liability
- Reassessing lease term
- Updating cash flows
- Impact on financial ratios
- Presentation on balance sheet
- Income statement effects
- Intercompany lease handling
Module 6. Special Case Handling
Address subleases, build-to-suit arrangements, variable payments, and sale-and-leasebacks with step-by-step resolution frameworks.
12 chapters in this module
- Sublease identification
- Intermediate lessor rules
- Build-to-suit criteria
- Land versus building split
- Variable lease payments
- Index-linked adjustments
- CPI-based escalations
- Performance-based rents
- Sale-leaseback basics
- Sale-leaseback gain deferral
- Leaseback percentage rules
- Disclosing special cases
Module 7. Disclosure Architecture
Structure notes to financial statements that satisfy both regulatory expectations and internal stakeholder clarity, using modular templates.
12 chapters in this module
- Maturity analysis layout
- Weighted average rate
- Lease term summary
- ROU asset reconciliation
- Lease liability rollforward
- Interest expense breakout
- Cash flow classification
- Judgment disclosures
- Sensitivity assumptions
- Comparative period notes
- Segment reporting links
- Internal reporting alignment
Module 8. Auditor Interaction Readiness
Prepare for review cycles by organizing evidence, anticipating questions, and framing responses using standard-based reasoning.
12 chapters in this module
- Lease inventory completeness
- Sampling methodology
- Documentation trail
- Policy alignment check
- Estimate reasonableness
- Judgment support
- Response drafting
- Defending discount rates
- Justifying lease term
- Handling auditor queries
- Escalation paths
- Review cycle timelines
Module 9. Cross-Border Application Nuances
Navigate jurisdictional differences in interpretation, tax alignment, and local GAAP overlays while maintaining IFRS 16 consistency.
12 chapters in this module
- Local law constraints
- Tax versus book differences
- Currency presentation
- Regulatory filing needs
- Translation adjustments
- Withholding implications
- Lease registration rules
- Legal enforceability
- Country-specific practices
- Centralized vs local control
- Data privacy impact
- Time zone coordination
Module 10. System and Process Integration
Align accounting outcomes with ERP configurations, lease management tools, and internal controls to ensure sustainability and audit readiness.
12 chapters in this module
- ERP field mapping
- Lease management software
- Control over inputs
- User access roles
- Change management process
- Automated calculations
- Exception handling
- Month-end close workflow
- Reconciliation routines
- Data export formats
- Integration testing
- System audit logs
Module 11. Judgment Documentation Standards
Build defensible audit trails by capturing rationale, assumptions, and alternatives considered for key decisions under uncertainty.
12 chapters in this module
- Date of assessment
- Parties involved
- Contract terms reviewed
- Options evaluated
- Assumptions stated
- Sources consulted
- Precedent references
- Internal approvals
- Version control
- Storage location
- Retrieval process
- Retention period
Module 12. Mastery Transfer and Peer Coaching
Turn personal expertise into team capability by teaching core patterns, reviewing work, and establishing internal guidance.
12 chapters in this module
- Explaining the logic tree
- Coaching on modifications
- Reviewing rate choices
- Guiding disclosure drafting
- Running team workshops
- Creating cheat sheets
- Answering edge cases
- Standardizing templates
- Sharing audit feedback
- Updating local policy
- Onboarding new staff
- Measuring team progress
How this maps to your situation
- Applying IFRS 16 to a new lease agreement
- Preparing for year-end audit review
- Handling a lease modification request
- Training junior team members on lease classification
Before vs. after
Before
Lease accounting decisions are made reactively, with reliance on past examples or team consensus.
After
You approach each lease with a structured mental model, applying IFRS 16's logic with precision and confidence, producing outputs that reflect full command of the framework.
What's included with your purchase
- 12 modules with 12 chapters each (144 chapters)
- Downloadable templates and worked examples for every module
- Hand-built implementation playbook delivered alongside course access
- 30-day money-back guarantee
Delivery and format
- Course and learning environment access provisioned within 24 hours of purchase
- Hand-built implementation playbook delivered alongside course access
Format: Text-based modules and chapters in the Art of Service learning environment, plus downloadable templates and worked examples for every chapter, plus the hand-built implementation playbook delivered alongside course access.
Time investment: Approximately 3-4 hours per module, self-paced, with downloadable references for ongoing use.
How this compares to the alternatives
Unlike generic IFRS overviews or video lectures, this course provides structured, chapter-level mastery of IFRS 16’s implementation logic, with templates and a personalized playbook that aligns with real enterprise accounting workflows.
Frequently asked
Is this course relevant for someone using local GAAP with IFRS convergence?
Yes. The course emphasizes the reasoning behind IFRS 16, which improves judgment even in partially converged environments.
How is the course structured?
12 modules, each containing 12 chapters (144 chapters total).
Will this help if I work in a highly automated lease accounting environment?
Absolutely. The course strengthens your command of what the systems are doing, so you can validate outputs, configure rules, and troubleshoot exceptions with authority.
$199 one-time. Approximately 3-4 hours per module, self-paced, with downloadable references for ongoing use..
Within 24 hours your account in the learning environment is provisioned and the tailored implementation playbook is delivered alongside it.
30-day money-back guarantee·
144 chapters·
Hand-built playbook included·
Account access within 24 hours