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DTSTART;TZID=Europe/Moscow:20260908T160000
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DTSTAMP:20260812T204404
CREATED:20260107T175140Z
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SUMMARY:IFRS 16-Leases Webinar
DESCRIPTION:THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA\n(Established under the Accountants Act\, Laws of Kenya) \nIFRS 16-Leases Webinar\nDate: 8th September 2026\nTime: 04.00pm-06.00pm\nVenue: Virtual Delivery \nOverview \nThe adoption of IFRS 16: Leases is one of the most significant changes in financial reporting in recent years. This has fundamentally transformed the accounting treatment of lease transactions. The standard adopted a unified lessee accounting model\, requiring lessees to recognize leases in the statement of financial position by establishing a right-of-use asset and a corresponding lease liability. \nDespite IFRS 16 having been effective for several years\, financial statement reviews continue to reveal inconsistencies in lease identification\, measurement\, reassessment\, and disclosure practices. Additionally\, evolving business models\, economic uncertainties\, and complex contractual arrangements continue to create new challenges for preparers and auditors of financial statements. \nProfessional accountants in practice play a critical role in supporting organizations to achieve compliance with IFRS 16 through the preparation\, review\, audit\, and interpretation of financial statements. As businesses continue to adopt increasingly complex leasing arrangements\, there is a growing need for accountants to strengthen their understanding of the practical application of IFRS 16 and emerging implementation issues. \nThe webinar seeks to bridge knowledge gaps and equip professional accountants with practical skills necessary to apply IFRS 16 effectively while enhancing compliance with International Financial Reporting Standards (IFRS). \nBy the end of the webinar\, participants will be able to: \n\nApply the key recognition and measurement principles of IFRS 16.\nIdentify contracts that contain leases.\nCalculate and account for lease liabilities and right-of-use assets.\nAccount for lease modifications and reassessments.\nEvaluate disclosure requirements under IFRS 16.\nIdentify and address common compliance challenges in lease accounting.\nImprove the quality and consistency of financial reporting relating to leases.\n\nTarget Audience \nThis training is primarily intended for preparers of financial statements and assurance professionals\, though not limited to accountancy practitioners; staff from other units are highly encouraged to attend.  \nContinuous Professional Development Units (CPD UNITS): \nMembers of ICPAK and reciprocating professional bodies will be awarded 2 Structured CPD Units upon successfully completion of the webinar. \nFinancial Commitment \nThe webinar charges are Kshs. 1\,000. Charges will cater for online video access fees\, learning materials\, and e-certificates of attendance. \nOnline Booking \nRegistration: Delegates are reminded to note that online booking for the workshop is mandatory on https://www.icpak.com/event-registration/Online Booking \nWe call on interested participants to note that booking for the event is available online at www.icpak.com  and will close two hours before the training session. \nNational Industrial Training Authority (NITA) Reimbursement \nThe Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke) \nFurther requests can be channeled to us via telephone calls on +254 719 074 000\, or via email to marketing@icpak.com
URL:https://www.icpak.com/event/ifrs-16-leases-webinar-2/
LOCATION:Virtual Delivery
CATEGORIES:Webinars
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