IFRS16: Leases and their Tax effects

Event Participation Form

Presenters:

Costas Constantinou: IFRS16 Leases in practice.

Renos Ioannou: Tax implications of Leases.

Name of Firm

Firm's Email

Firm's Address

Firm's Telephone

Firm's City

Nicosia Limassol

Participant 1 Name

Participant 1 ICPAC No.

Participant 1 Email

Participant 1 Telephone

Participant 2 Name

Participant 2 ICPAC No.

Participant 2 Email

Participant 2 Telephone

Participant 3 Name

Participant 3 ICPAC No.

Participant 3 Email

Participant 3 Telephone

Participant 4 Name

Participant 4 ICPAC No.

Participant 4 Email

Participant 4 Telephone

Participant 5 Name

Participant 5 ICPAC No.

Participant 5 Email

Participant 5 Telephone

Message

Price is €190+VAT for ICPAC members, and €220+VAT for non ICPAC members.
The fee for ICPAC firms that will send 2 or more participants will be reduced to €160+VAT.
Once the form is submitted you will receive an invoice with the payment details.

Time	Session Headings
08.30 - 09.00	Registrations
09.00 - 10.00	Introduction:
	What is a Lease
	Lease period
	Inception Vs Commencement of a lease
	Lease payments
	Interest rate implicit in the lease
10.00 - 11.00	Worked Examples
11.00 - 11.15	Break
11.15 - 13.15	Lesee Accounting:
	Initial recognition
	Initial measurement of Rights of Use Assets
	Initial measurement of Lease Liability and Lessee incremental borrowing rate
	Shortfall in guaranteed residual value
	Lease payments in advance
	Worked Examples
	Recognition exemption
	Worked Examples
13.15 - 14.15	Lunch Break
14.15 - 15.15	Reassessment and Modifications of a lease:
	Worked example
15.15 - 16.00	Accounting for lessors - Introduction
16.00 - 16.15	Break
16.15 - 17.30	Accounting for finance leases

Time	Session Headings
08.30 - 09.00	Registrations
09.00 - 09.30	Accounting for lessors - continued
09.30 - 11.00	Manufacturer - dealers
11.00 11.15	Break
11.15 - 12.00	Sale and leaseback transactions
12.00 - 13.15	Identifying a lease
13.15 - 14.15	Lunch Break
14.15 - 16.00	The taxation of Lesees (Land, buildings, cars, machinery)
16.00 - 16.15	Break
16.15 - 17.30	The taxation of Lessors (Land, buildings, cars, machinery)