Mazars Academy Online South Africa
Audit & assurance

IFRS 16 Lease Accounting

2020 was a tough year for many companies. In amongst everything, entities had to apply IFRS 16 Leases for the first time, but were you ready? Did you get it right? Enrol for this online course to obtain a better understanding of the IFRS 16 requirements. 
  • Time investment: 3 hours
  • Facilitated by: Justine Combrink and Suzanna de Jager (QRM)
  • Audience: All staff involved in audit and accounting.




Module overview

More about this online course

In this in this online training session we will go over some practical application issues, including whether a contract is a lease and how to account for it. We’ll spend some time on how to account for the leeway that lessors have granted lessees due to the Covid restrictions that have been placed on our country. Some of the common questions will be dealt with too with regards to deferred tax and impairments as well as looking at disclosures.



The following are included in this module and after completing this course you will be able to:
  • Identify leases as defined by IFRS 16;
  • Know what to include in lease liabilities and right-of-use assets;
  • Understand how to account for lease holidays or reductions; and
  • Know what needs to be disclosed in your annual financial statements as required by IFRS 16.


Who should attend this training 
This course is intended for accountants, auditors and preparers of financial statements, or anyone wanting a deeper understanding of IFRS 16 lease accounting. 

Course Facilitators 

Justine Combrink 
Partner 
Justine is a partner at Mazars in South Africa and is the head of financial reporting division of Mazars in South Africa. She is also a JSE accredited IFRS advisor with more than 10 years of experience. 
Suzanna de Jager 
Partner 
Suzanna is a partner in the financial reporting division of Mazars in South Africa. She has a 13 years experience as a technical expert in the application of IFRS and is a JSE accredited IFRS advisor. 
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