FRS 116 simplified: Managing lease accounting - Webinar SG 2026

This comprehensive course is designed to help businesses navigate the complexities of lease accounting under FRS 116. It simplifies key concepts, including the recognition and measurement of lease liabilities and right-of-use assets, ensuring accurate reporting in financial statements.

You will develop a deeper understanding of practical topics such as the treatment of short-term leases, low-value assets, effects of lease modifications and variable lease payments. Additionally, you will learn the latest disclosure requirements needed to maintain compliance with financial reporting standards. Whether you are new to lease accounting or looking to refine your skills, this course offers actionable insights to enhance your understanding and streamline lease accounting processes.

Key topics covered

• Lease recognition and measurement under FRS 116
• Identifying lease liabilities and right-of-use assets
• Treatment of short-term leases and low-value assets
• Lease modifications and variable lease payments
• Disclosure requirements for lease accounting

Speaker Profile

Oh Ai Sim
Ai Sim has more than 21 years of audit-related experience with a Big Four accounting firm. Her portfolio of clients includes public listed entities and multinational corporations covering industries across retail, manufacturing, trading, property development and construction. She has also conducted in-house and client training sessions covering FRS and audit-related topics.