AASB 16 Leases - eLearning

This activity is delivered by PwC Australia. 

Members will receive their log in details directly from PwC within 1-3 business days, from date of payment receipt.  

This module provides you with a basic understanding and how to apply lessee and lessor accounting as per AASB 16 Leases, while introducing the definition of a lease. 

To avail the member discount, please use code: CAANZ10

Topics covered in the e-learning: 

  • Introduction and Scope 
  • Identifying a lease 
  • Lease term 
  • Recognition and measurement 
  • Lessee accounting 
  • Lessor accounting 
  • Final quiz 

Upon satisfactory completion of this activity, you will be able to: 

  • Identify features of a contract which indicate that the contract contains a lease. 
  • Decide whether a substitution right is substantive. 
  • Recognise suppliers’ protective rights. 
  • Allocate transaction price when separating components of a contract. 
  • Recognise variable payments in a contract. 
  • Identify criteria for exemptions. 
Obtain a basic understanding of the principles of AASB 16 Leases. 


Topic: Reporting

Sub-Topic: Financial Reporting

Format: eLearning

Proficiency Level: Foundation

CPD: Upto 1.5 hours