Business Seminar (Virtual)

Financial Reporting for Preparers (FRfP): SFRS(I) Updates 2023 – Part 2: Repurchase agreements, Sale & Leaseback transactions, Leases and Financing arrangements
– Date: Thursday, 22 June 2023
– Time: 2.30pm to 3.30pm
– CPE Hour*: 1 Hour
– Fees: FOC for CLA Global TS clients. S$80 for non-clients

SFRS(I) 15 Revenue from Contracts with Customers scopes out lease contracts within the scope of SFRS(I) 16 Leases. IFRS 16 however pulls in IFRS 15 for assets transferred in repurchase agreements, to determine whether the asset transferred is a sale. Both IFRS 16 and IFRS 15 are intertwined in determining the accounting for repurchase agreements; and sale and leaseback transactions.

This webinar spotlights on SFRS(I) Leases with an in-depth look into Sale and Leaseback Transactions.

Identifying whether an agreement is, or contains a lease requires judgment and can be challenging because the line between a lease contract and a service contract can be blurred.

This webinar will also provide participants with a Roadmap into determining whether a contract contains a lease.

Registration

Speaker

Lim Ju May
Technical Director & Assurance Principal
CLA Global TS