An Intensive 2-day Training Course
IFRS 16 – Leases


INTRODUCTION
IFRS 16 requires lessees to recognise assets and liabilities for most leases on their balance sheet, regardless of the industry in which the entity operates. Most operating leases will be recognised as a ‘right-of-use’ asset on balance sheet with a corresponding liability, which is a significant change for many entities. For lessors, there is little change to the previous lease accounting standard (IAS 17).
This highly participative EuroMaTech online training course will address the major issues of implementing IFRS-16. It will give participants a “road map” on which the application of these standard can be confidently based.
Participants attending this online training course will develop the following competencies:
- Learn the scope of the new standard
- Apply steps required for effective implementation of IFRS 16
- Understand the required changes to measurement, recognition and impairment
- Plan how to implement the transition
- Identify new presentation and disclosure requirements
TRAINING OBJECTIVES
The EuroMaTech online training course on IFRS-16 Leases aims to help participants to develop the following critical objectives:
- Explain the most recent updates on existing IFRS and evaluate the effect of IFRS- IFRS-16 on the organization
- Determine the correct presentation and minimum disclosure for components of statement of financial position, statement of comprehensive income, statement of owners’ equity and statement of cash flows in accordance with IFRS
- Be prepared to comply with changes in new IFRS
- Learn how to implement the latest developments
- Network and exchange insights with other experienced practitioners
- Benefit from real-world illustrations and examples of implementing recent Standards
- Understand practical implications of using IFRS in specific industries

TRAINING METHODOLOGY
This EuroMaTech online training course will combine presentations with instructor-guided interactive discussions between participants relating to their individual interests. Practical exercises, video material and case studies aiming at stimulating these discussions and providing maximum benefit to the participants will support the formal presentation sessions. Above all, the course leader will make extensive use of case examples and case studies of issues in which he has been personally involved.
TRAINING SUMMARY
This comprehensive online training course on IFRS-16 will enable each participant to appreciate and understand the complexities associated with these standards along with topic terminology, concepts and applications.
In gaining a perspective of the IFRS 16, the up to date developments and insights into the foreseeable future, participants will gain a valuable understanding of this critical standard and be capable of contributing meaningful assistance to their respective organizations with respect to the adoption and utilization of this new accounting standard.
TRAINING OUTLINE
Day 01 : IFRS 16 – Leases
- Introduction & Background
- Scope of the Standard
- Identifying a Lease
- Applying the Definition of a Lease
- Identified Asset
- Obtaining Economic Benefits
- Right to Direct Use of the Asset (Control)
- Determining the lease term
- Non-cancellable Period
- Lessee Extension and Termination Options
- Revisions to the Lease Term
- Illustrations and case studies
Day 02 : IFRS 16 – Leases
- Recognition and measurement
- Lease Liability – Initial Recognition
- Discount Rate on Initial Recognition
- Right-of-Use Asset – Initial Recognition
- Lease Liability – Subsequent Measurement
- Right-of-Use Asset – Subsequent Measurement
- Remeasurement of Leases
- Lease Modifications
- Presentation
- Disclosure
- Transition Approaches
- Recognition Exemption
- Retrospective Application Options
- Practical expedients – Modified Retrospective Approach
- Illustrations and case studies
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ACCREDITATION

EuroMaTech is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

Euromatech is a Knowledge & Human Development Authority (KHDA) approved training institute in Dubai, licensed and approved to deliver training courses in the UAE.
The KHDA is the regulatory authority in the UAE, that oversees administering, approving, supervising, and controlling the activities of various education providers in the UAE. We are proud of our commitment to ensuring quality training courses and status as a KHDA-approved training provider.
FAQ
What makes EuroMaTech a leader in professional training?
EuroMaTech stands out as a leader in training and professional development due to:
- 30+ years of experience delivering high-impact training courses across industries.
- Accreditations from leading institutions, ensuring top-tier course quality and recognition.
- A portfolio of thousands of training courses, serving professionals at every level.
- A focus on innovation and future-ready learning models, including blended and digital training.
- Long-term partnerships with organizations globally, ensuring sustained success through talent development.
How can I register for a EuroMaTech training course?
To register for a training course, you can:
- Visit the EuroMaTech website, browse the available courses, and follow the online registration process.
- Contact EuroMaTech’s support team for assistance with course selection or inquiries about corporate training solutions.
Does EuroMaTech offer international training courses?
Yes, EuroMaTech delivers training courses in major cities worldwide, including locations across Europe, Asia, Africa, and the Middle East, in addition to its extensive presence in Dubai.
Where are EuroMaTech’s training courses held?
EuroMaTech conducts its training courses at prestigious venues across Dubai and other major international cities. Additionally, virtual training options are available, allowing participants to join courses remotely from anywhere in the world.
What ISO training courses does EuroMaTech offer?
EuroMaTech provides a range of ISO certification and compliance training courses, including:
- ISO 9001 – Quality Management Systems Training
- ISO 45001 – Occupational Health & Safety Management Training
- ISO 14001 – Environmental Management Systems Training
These courses help organizations adopt internationally recognized standards and improve their overall performance.
How does EuroMaTech ensure the quality of its training courses?
EuroMaTech ensures the highest standards by:
- Partnering with globally recognized accrediting bodies such as ILM, CPD, PMI, NEBOSH, and HRCI.
- Designing training courses with a focus on practical, real-world applications.
- Using experienced instructors with industry expertise.
- Continuously updating course content to reflect current trends and best practices.
Does EuroMaTech provide customized corporate training courses?
Yes, EuroMaTech specializes in tailored corporate training courses designed to meet the unique needs of organizations. These customized courses are ideal for businesses seeking to upskill teams across different departments or regions.
How many professionals have attended EuroMaTech’s training courses?
EuroMaTech has successfully delivered thousands of training courses, with thousands of professionals from over 50 countries attending annually.
What industries does EuroMaTech serve through its training courses?
EuroMaTech provides specialized training courses for a wide range of industries, including:
- Oil & Gas
- Energy & Power
- Construction & Infrastructure
- Banking & Finance
- Healthcare
- Telecommunications
- Logistics & Supply Chain
- Aviation & Aerospace
- Government & Public Sector
- Hospitality & Tourism
- Information Technology & Cybersecurity
- Human Resources & Talent Management
Are EuroMaTech’s training courses accredited?
Yes, EuroMaTech’s training courses are accredited by globally recognized institutions, ensuring high-quality, internationally respected certifications. Key accreditations include:
- ILM (Institute of Leadership & Management)
- CPD (Continuing Professional Development Certification Service)
- PMI (Project Management Institute)
- NEBOSH (National Examination Board in Occupational Safety and Health)
- HRCI (Human Resource Certification Institute)
What types of training courses does EuroMaTech offer?
EuroMaTech offers a diverse portfolio of training courses designed to meet the needs of professionals at all levels. These include:
- Leadership & Management Development Training
- Technical & Engineering Training Courses
- Project & Risk Management Training
- Health, Safety & Environmental (HSE) Training
- Finance & Accounting Training Courses
- ISO Compliance & Certification Training
- Human Resources & Talent Management Training
- Soft Skills & Communication Training Courses
Do you provide assistance with hotel accommodation?
Yes, we can assist you with the following:
- Corporate Discount: If available, we can extend our corporate discount for your stay at selected hotels.
- Hotel Suggestions: We can provide recommendations for nearby hotels based on your preferences and budget.
Feel free to explore online booking platforms for the most cost-effective options.
Do you offer customized training for organizations?
Yes, we provide tailored training solutions designed to meet the specific needs of your organization. Customized courses can be delivered either in-person or online, and you can select the dates and duration that best fit your schedule. For more details, please contact us at inhouse@euromatech.com
What types of training formats do you offer?
We provide two flexible training formats to suit your preferences:
- Classroom Training: Experience in-person learning with expert instructors. Engage in interactive discussions, hands-on activities, and benefit from face-to-face networking.
- Online Training: Join live online sessions from anywhere, offering flexibility for those with busy schedules or who prefer remote learning.
- In-House Training: We can bring our training directly to your organization, allowing for tailored sessions that address your specific needs and objectives.
Can you assist with visa arrangements?
Yes, we can help by issuing an official Letter of Invitation once you’ve confirmed your training registration, which can assist in your visa application process.
Who will be the senior consultant leading the training?
We are happy to share the profiles of our expert instructors. To learn more about their qualifications and experience, please contact us info@euromatech.com