Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
Participants will focus on IFRS 16 lessor accounting, including classification, recognition and measurement, lease modifications, presentation, and disclosure—plus interactions with IFRS 9 and IFRS 15 where relevant. Participants will apply concepts to practical scenarios such as subleases, land and building arrangements, and sale‑and‑leaseback transactions to strengthen compliance and communication with stakeholders.
Topics include:
- Lease accounting from the lessor perspective.
- Sale‑and‑leaseback transactions: lessor accounting.
- Resources.
NOTE: This course description has been revised and reflects updates for 2026. If you have any questions, please contact pdevents@cpaontario.ca.
Key Takeaways
By the end of this course, participants should be able to:
- Describe the requirements of the lease standard IFRS 16 for lessors.
- Describe sale and leaseback transactions.
- List relevant resources (with links).
Who Will Benefit
- Controllers, finance leaders, and accountants at entities that act as lessors (including leasing companies and groups with significant subleasing activity).
- Practitioners and auditors who review lessor arrangements and related disclosures under IFRS 16.
Prerequisite(s)
- Familiarity with IFRS 16 core concepts (recommended).
- Working knowledge of IFRS 9 (financial instruments) and IFRS 15 (revenue) for cross‑standard interactions (recommended).
How to Access the Course
This course is delivered as a live webinar. To receive verifiable CPD hours, you must attend the session live. We recommend joining at least 5 minutes before the scheduled start time. For the best interactive experience, please use a computer equipped with a camera and microphone.
A reminder email with the Zoom link and course details will be sent two business days before the session. If you do not receive it, please check your spam or junk folder.
The same information, including any available materials, will also be posted in advance on our Blackboard LMS.
Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.
Speaker(s)
Elizabeth J. Farrell, FCPA, FCA is an Adjunct Professor at the Schulich School of Business. In recognition of her excellence in teaching she was selected as the winner of the Seymour Schulich Award for Teaching Excellence in 1999, 2003 and 2009 and nominated for the award in 2004, 2005, 2006, 2011 and 2015. She was selected as the winner of the John Peace Teaching Award in 2002 and 2012. Elizabeth served as assistant coordinator at CPA Ontario's School of Accountancy. She has taught executive development courses for the Schulich School of Business, professional development courses for CPA Ontario and firms. Elizabeth is a co-author of Intermediate Financial Accounting. Her publications also include an accounting case analysis software package, study guides, ASPE: A Comparison to IFRS, IFRS A Review of the Standards, IFRS Leases and co-author Researching and Documenting an Accounting Issue and ASPE and NFPO Update, professional development courses, and a variety of case material. Elizabeth was a member of the Competency Map Committee. She was one of the lead authors for the assurance elective module for the CPA PEP program. Elizabeth has also served on the Board of Directors for a number of not for profit organizations.