Languages: English, Polish
Price (from): €0
I am ACCA qualified and Polish certified auditor. For many years, as employee of PwC and with own practice, I have been providing audit, consultancy and trainings for numerous private sector companies. My trainings activities focus on IFRS, ISA (audit), financial accounting and related topics. I am also experienced trainer of selected ACCA, CIMA and CIA papers (financial accounting related). I cooperate with Universities (MBA program), Polish Chamber of Auditors, Accounting Professional Bodies, BPP Professional Education and various private companies. As a member of the World Bank CFRR team, I was responsible for ISA/IFRS and IPSAS projects dedicated to Ukraine, Latvia, Baltic Countries and Poland.
About the training
The training is focussed on practical application and changed perspectives given by the new leasing standard. The participants will be able to spot the main changes brought in by the standard and understand their implications on the accounting systems, business decissions and relationships. The course will also focus on identification of leasing relationships in various contracts and accounting consequences of such relationships both for lessees and lessors, considering possible exemptions. Following practical examples and cases, participants will also have a chance to go through challenges accompanying introduction and regular application of the new standard.
Understanding the difference between leasing and service contract
Proper recognition of accounting consequences for lessees and lessors
Identification and recognition of sale and lease back transactions
Being aware of obligatory disclosures
Lease identification - case study
Lease terms - consequences for the classification - case study
Accounting by lessee - case study
Accounting by lessor - case study
Sale and lease back on examples
Application of a standard - useful hints