JUMOQ Learning · Assets, Impairment & Leases

Advanced Ind AS 116 – Sale and Leaseback Transactions

Evaluate and defend complex conclusions in Sale and Leaseback Transactions. The course is deliberately separated from adjacent topics so that each JUMOQ course remains focused and developable.

INDAS116-A01Advanced

Course director: Venkata Subramani Ramachandra

3 hr 48 minFull study estimate

Full study estimate: 3 hr 48 min

Self-paced estimates for one pass through the course. Practical work includes activities, assignments and resource study. Your pace may vary; breaks and repeat attempts are extra. All course and certificate requirements still apply.

Inside this course

Select a topic to see its lessons, videos, practice activities and resources.

Course orientation

VideoJudgement, Governance and Audit Defence under Ind ASScheduled — upload pending
VideoInd AS 116 Architecture and Learning PathScheduled — upload pending

Transfer Satisfying Sale Requirements

LessonTransfer Satisfying Sale Requirements
VideoSale and Leaseback: Prove the Sale, Then Allocate the GainScheduled — upload pending
QuizKnowledge check — Transfer Satisfying Sale Requirements
Decision MissionDecision Mission – choose and justify the accounting pathway

Measurement Of Retained Right Of Use

LessonMeasurement Of Retained Right Of Use
QuizKnowledge check — Measurement Of Retained Right Of Use
Case QuestCase Quest – investigate the evidence and reach a conclusion

Gain Or Loss Recognition

LessonGain Or Loss Recognition
QuizKnowledge check — Gain Or Loss Recognition
Impact SimulatorImpact Simulator – test measurement and sensitivity assumptions

Off-Market Terms

LessonOff-Market Terms
QuizKnowledge check — Off-Market Terms
Practice LabPractice Lab – complete the applied accounting workflow

Subsequent Lease Modifications

LessonSubsequent Lease Modifications
QuizKnowledge check — Subsequent Lease Modifications
Roleplay StudioRoleplay Studio – defend the conclusion to a reviewer or stakeholder

Decision Framework For Advanced Ind As 116 – Sale And Leaseback Transactions

LessonDecision Framework For Advanced Ind As 116 – Sale And Leaseback Transactions
QuizKnowledge check — Decision Framework For Advanced Ind As 116 – Sale And Leaseback Transactions
AssignmentTechnical Assignment – prepare an accounting paper and workings
Downloadable resourceAdvanced Ind AS 116 – Sale and Leaseback Transactions – Applied Data, Model or Disclosure Pack
Downloadable resourceInd AS 116 Standard Map, Scope and Decision Checklist
Downloadable resourceInd AS 116 Disclosure, Control and Evidence Checklist
Downloadable resourceInd AS Research, Judgement and Documentation Guide

Final Assessment

QuizAdvanced Ind AS 116 – Sale and Leaseback Transactions – Final Assessment

Certificate

CertificateCertificate of completionUnlocks after every quiz is completed at its required pass mark and all course requirements are complete.

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