JUMOQ Learning · Assets, Impairment & Leases

Applying Ind AS 116 – Lease Term, Discount Rate and Lease Payment Components

Apply Lease Term, Discount Rate and Lease Payment Components. The course is deliberately separated from adjacent topics so that each JUMOQ course remains focused and developable.

INDAS116-I01Intermediate

Course director: Venkata Subramani Ramachandra

3 hr 21 minFull study estimate

Full study estimate: 3 hr 21 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

VideoFrom Standard Requirements to an Applied Accounting Workflow
VideoInd AS 116 Architecture and Learning Path

Non-Cancellable Period

LessonNon-Cancellable Period
VideoLease Term: When Do Optional Years Count?
QuizKnowledge check — Non-Cancellable Period
Decision MissionDecision Mission – choose and justify the accounting pathway

Extension And Termination Options

LessonExtension And Termination Options
QuizKnowledge check — Extension And Termination Options
Case QuestCase Quest – investigate the evidence and reach a conclusion

Implicit Rate And Incremental Borrowing Rate

LessonImplicit Rate And Incremental Borrowing Rate
QuizKnowledge check — Implicit Rate And Incremental Borrowing Rate
Impact SimulatorImpact Simulator – test measurement and sensitivity assumptions

Fixed In-Substance And Index-Linked Payments

LessonFixed In-Substance And Index-Linked Payments
QuizKnowledge check — Fixed In-Substance And Index-Linked Payments
Practice LabPractice Lab – complete the applied accounting workflow

Residual Value Guarantees

LessonResidual Value Guarantees
QuizKnowledge check — Residual Value Guarantees

Decision Framework For Applying Ind As 116 – Lease Term, Discount Rate And Lease Payment Components

LessonDecision Framework For Applying Ind As 116 – Lease Term, Discount Rate And Lease Payment Components
QuizKnowledge check — Decision Framework For Applying Ind As 116 – Lease Term, Discount Rate And Lease Payment Components
AssignmentTechnical Assignment – prepare an accounting paper and workings
Downloadable resourceApplying Ind AS 116 – Lease Term, Discount Rate and Lease Payment Components – Applied Data, Model or Disclosure Pack
Downloadable resourceInd AS 116 Standard Map, Scope and Decision Checklist

Final Assessment

QuizApplying Ind AS 116 – Lease Term, Discount Rate and Lease Payment Components – 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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