IFRS 16 and Corona pandemic – how to record changes in rent payments

IFRS 16 and Corona pandemic – how to record changes in rent payments

The corona pandemic involves rent concessions such as rent holidays, rent reductions and changes in rental agreements
Serge Fjærvoll, partner in KPMG Norway and our CEO Terje Glesaaen in Share Control explains the covid-19 changes in IFRS 16 and demonstrates how the changes are recorded in Share Control Contract & IFRS 16.

 

Welcome to the webinar

  • Introduction
  • Accounting of
    o Rent holidays and temporary rent reductions Amendment of IFRS 16
    o Government grants
    o Other changes to leases
    o Terminations
    o Impairment of ROU asset
  • Questions and answers

Presenters
Serge Fjærvoll, State Authorized Public Accountant, partner at KPMG
Terje Glesaaen, State Authorized Public Accountant, CEO at Share Control

 

The webinar is held on three occasions. Choose the day that suits you:

Date: June 16 and 23 or August 25.
Time: at 10 00 to 11.00, CEST time

 

Moderator – Caroline Waters, Sales at Share Control

Registration: Click her

 

Best regards,

The team at Share Control

IFRS 16 and Corona pandemic – how to record changes in rent payments

IFRS 16 and Corona pandemic - how to record changes in rent payments The corona pandemic involves rent concessions such as rent holidays, rent reductions and changes in rental agreements Serge Fjær...

IFRS 16 what is a lease

What is a lease. How should this be defined for IFRS 16 Leasing? IFRS 16, what is a lease? According to the standard, the definition is 'An agreement, or part of an agreement, which will transfer the...

Experience in implementing IFRS 16

Our experience with IFRS 16 implementation   This is an extract of the article that was written by our CEO Terje Glesaaen in cooperation with KPMG Partner Serge Fjærvoll in the professional ...