Deloitte Assurance Services 

IFRS 16 Leases: Standard refresh

Effective 1 January 2019, the implementation of IFRS 16: Leases resulted in lessees recognising all leases as on-Balance Sheet arrangements for the first time. While most transition programmes are complete, continued accounting for leases under IFRS 16 poses various day to day challenges that most are still grappling with.

This webinar aims to:

  • Provide participants with insights into the practical considerations associated with managing and maintaining a lease portfolio under IFRS 16, looking specifically at:
    • Lease identification and scoping
    • Initial recognition and measurement
    • Subsequent measurement
    • Presentation and disclosure
    • Specific topics:
      • Determination of a lease term
      • Determination of the incremental borrowing rate
      • Headlease and sub-lease accounting
      • Modifications
      • Impairment
      • Sale and leaseback arrangements
    • Latest amendments and IFRIC Agenda decisions:
      • Lessor forgiveness of lease payments (IFRIC Agenda decision)
      • Definition of a lease – substitution rights (IFRIC Agenda decision)
      • Lease liability in a sale and leaseback arrangement (Amendment to IFRS 16 effective 1 January 2024)


  • Provide an understanding of what the accounting for leases under IFRS 16 means from an income tax and value-added tax perspective and work through examples on the deferred tax accounting of a finance lease and operating lease

This session covers both the theory associated with the above topics as well as practical examples and insights from real issues being experienced with IFRS 16.

  • Cost: R1 006.25 (incl. VAT)
  • CPD: 2.5 hours