Leasing Practitioner Workshops - Autumn 2019

10-10-2019

Leasing Practitioner Workshops Autumn 2019

The 2019 FAN Capital series was dedicated to the new leasing standard IFRS 16, which will come into the Local Authority Accounting Code on 1 April 2020.

The workshops focused on the key technical aspects of the standard, based on the final Code consultation papers (see Appendix B to the 2020/21 ITC) and drew on the practical application guidance likely to be include as part of the 'Early Guide' to IFRS 16 in late 2019.

While a large part of the day was focused on the changes to the accounting, the final session looked in more detail at the preparations for transition and the practical considerations authorities will need to make as part of a successful implementation.

The final slides from the series and the suggested answers to the three exercises are included below for subscribers to access.

Leasing Exercises - Suggested Answers

PDF 220 KB

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Leasing Series - Delegate Slides

PDF 4660 KB

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