Leasing revolution in IFRS 16" "Leasing"

Why does IFRS 16 affect almost all of the most commonly used financial indicators of a company?

We invite you to the training "Leasing revolution in IFRS 16 "Leasing" and the differences to the Polish balance sheet law", during which we will tell you about the new standards as well as what has changed in the existing financial reporting standards.

For interested clients, we also offer the above-mentioned training in a closed form, adapted to the participants of a given company.

The application of the standard is a challenge both for the financial departments and for the entire organization, because implementation requires the introduction of appropriate changes in operational processes and IT systems in order to collect and process relevant data, in particular in the case of entities that have a significant number of leasing contracts.

Training program

the definition of a lease in IFRS 16
practical examples of the application of the definition
separation of leasing and other components, including in lease agreements

initial recognition and subsequent valuation of the right of use and lease liabilities
types of fees (fixed, variable, de facto fixed) and their recognition
the impact of changes in fees on the valuation of assets and liabilities
estimating the lease period, agreements for an indefinite period
possible approaches to the discount rate
presentation in the financial statements and disclosure
practical aspects of applying the standard's requirements - leasing in foreign currency, the right of perpetual usufruct of land

practical application, including concession resulting from the regulations of the "anti-crisis shield"

division of leasing into financial and operational
operating lease - recognition, valuation, presentation, disclosure
financial leasing - recognition, valuation, presentation, disclosure

Lecturer

Katarzyna Gospodarczyk-Chlastawa
Director in the Audit and Accounting Consultancy Department of PwC

Katarzyna specializes in auditing financial statements and advising leasing companies and investment funds as well as other institutions of the capital market and the financial sector. She has theoretical and practical knowledge both in the field of Polish accounting policies and International Financial Reporting Standards. She is characterized by a very good knowledge of legal regulations and the principles of functioning of capital market institutions in Poland. She has Polish qualifications of a statutory auditor, entered in the Register of statutory auditors. She has conducted numerous training courses for both PwC employees and clients. Currently (since 2010) she is a member of the PwC technical team and specializes in servicing the financial sector and IFRS. She takes part in global discussions on changes and new IFRS standards.

Additional information

Training date
Location
Participation cost

Training date

Details soon.

Location

PwC Headquarters, 11 Polna St., 00-633 Warsaw

*As a result of the epidemiological situation, it is likely that the training will be conducted in a live-online format.

Participation cost

The amount of the training is 790 PLN gross.

There is a possibility to obtain a discount of 10% for more than 1 participant from the same company or individually after consultation.

Join the community of conscious professionals

Skontaktuj się z nami

Aleksandra Marcinkowska

Manager, PwC Polska

Tel: +48 519 507 345

E-mail

Marta Chełchowska

Koordynator szkoleń, PwC Polska

Tel: +48 571 779 699