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Program Agenda

  1. IFRS 15 - Revenue from contract with customers
    • Transition from IAS 18 and IAS 11 to IFRS 15
    • 5 Step model to recognise revenue in any contract
    • Impact of IFRS 15 on different industries
    • Difference between IFRS 15, ASC 606 and IAS 18 & IAS 11
  2. IFRS 16 – Leases
    • Transition from IAS 17
    • New definition of Lease
    • Lessee’s Accounting under new guidance of IFRS 16
    • Impact of IFRS 16 on different industries like Telecom, Manufacturing, Automobile, Oli and Gas etc.
    • Lessor’s accounting
    • Sale and Lease back transactions
    • Difference between IFRS 16, ASC 842 and IAS 17
  3. Challenges faced by corporates in implementation of IFRS
  4. Case studies

 

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