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Courses/Accounting & Tax/Accounting

Implementing AASB 2024-1: Lease Modifications & COVID Impact

Stay Ahead with AASB 2024-1: Navigate Lease Modifications and COVID Impacts

Created byProAccount Academy
4.8
(58 reviews)
BeginnerUpdated Jun 22, 2024
Implementing AASB 2024-1: Lease Modifications & COVID Impact

What You'll Learn

check_circleUnderstand the scope and objectives of AASB 2024-1, focusing on lease modifications.
check_circleApply recognition and measurement criteria for lease modifications under AASB 2024-1.
check_circlePresent and disclose lease modifications effectively in financial statements.
check_circleAnalyze real-world case studies to determine appropriate treatment of lease modifications.
check_circleDevelop strategies for ongoing compliance with AASB 2024-1, anticipating future amendments.

About This Course

"Implementing AASB 2024-1: Lease Modifications and COVID-19 Impacts" is designed to equip accounting professionals with a comprehensive understanding of the Australian Accounting Standards Board's 2024-1 amendment, particularly in the context of lease modifications affected by COVID-19. This course delves into the intricacies of recognizing, measuring, presenting, and disclosing lease modifications, ensuring compliance with the latest standards. Key highlights include:

  • A detailed exploration of the objectives, scope, and key definitions of AASB 2024-1.
  • Step-by-step guidance on the recognition and measurement of lease modifications.
  • Practical examples and case studies for hands-on learning.
  • Best practices for presenting and disclosing lease modifications in financial statements.
  • Strategies for future compliance and understanding the broader implications beyond the pandemic.

By the end of this course, participants will be adept at navigating the complexities of lease modifications, ensuring accuracy and transparency in financial reporting.

Your Instructors

ProAccount Academy
ProAccount Academy
menu_book69 courses
star4,366 reviews

ProAccount Academy is dedicated to providing top-notch professional development courses for accounting professionals across Australia and the rest of the world!  The academy offers a robust library of over 150 courses, featuring more than 8,000 video tutorials that cover a wide range of accounting and financial topics. Our curriculum covers a broad spectrum of accounting topics, ensuring that our participants stay current with industry trends and regulatory changes. We pride ourselves on delivering practical and interactive learning experiences led by industry experts. ProAccount Academy is committed to helping accountants achieve their professional goals and advance their careers.

Samantha  Cooper
Samantha Cooper

Finance Expert

Samantha Cooper has over 15 years of experience in financial reporting and standards. She has contributed to numerous publications and conducted extensive research on the impacts of global financial regulations.

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What Students Are Saying

4.8
Student's Choice
58 reviews

Frequently Asked Questions

We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.