Understand the accounting and tax treatment of leasing – and what it means for lease structures, financial reporting and business decisions.
You don’t need to be an accountant or tax specialist to benefit from understanding how accounting and taxation shape leasing. From how a lease appears in a customer’s accounts to the tax treatment of different finance structures, these considerations can have a real bearing on the decisions made by both customers and finance providers.
This two-part course makes a complex subject easier to navigate, giving delegates a clear understanding of the key accounting and tax principles and, importantly, what they mean in practice.
Across the two sessions, delegates will explore IFRS 16 and changes to FRS 102, how different leases are classified and reflected in financial statements, and the key tax considerations that can influence leasing structures and decisions.
16–17 September 2026 | 9.30am–1.30pm each day | Online
Day One – Lease Accounting
Understand how leases are accounted for, the rules that determine their treatment and what this means for finance providers and their customers.
- Financial reporting standards – the key accounting requirements for leasing, including IFRS 16 and FRS 102.
- Lease classification – how different types of lease are classified and why it matters.
- Lessor accounting – how leases are accounted for by the finance provider.
- Lessee accounting – how businesses account for leases and their financial commitments.
- IFRS 16 and FRS 102 – what the requirements and forthcoming changes mean in practice.
- Financial impact – how lease accounting can affect the balance sheet, profit and loss account and other key financial measures.
Day Two – Lease Taxation
Understand the key tax considerations in leasing and how they can influence different asset finance structures.
- Taxation of leasing – the key principles and how they apply to different forms of asset finance.
- Long funding and non-long funding leases – the differences and why they matter for tax purposes.
- Hire purchase – how its tax treatment differs from leasing.
- Capital allowances – who can claim tax relief on the cost of an asset and why this matters.
- Tax treatment of leases – how tax relief and rental payments are treated across different lease structures.
- IFRS 16 and taxation – how lease accounting interacts with tax treatment.
- Anti-avoidance provisions – the rules designed to prevent unintended tax advantages.
- VAT – the key principles and how treatment can differ according to the structure of an agreement.
Register Interest
If you are unable to attend this course on the advertised date, you can register your interest in future runs of Lease Accounting and Taxation. Simply complete the short registration form to let the FLA training team know you would like to be contacted when new dates are added
Bespoke In-house Training
If you would like to run this course for your own organisation, the FLA can deliver Lease Accounting and Taxation as a tailored in-house workshop for your team. Whether you want to build core knowledge in a specific department or support a wider training programme, the content can be shaped around your objectives and internal policies.
To make an enquiry, simply complete the in-house training form on the FLA website and the training team will contact you to discuss options and next steps.
- By the end of the course, delegates will be better equipped to:
- understand the implications of IFRS 16 and changes to FRS 102;
- recognise how lease classification affects accounting treatment and financial statements;
- understand the key tax principles that apply to leasing and hire purchase;
- distinguish between long funding and non-long funding leases;
- understand the role of capital allowances and VAT; and
- recognise how accounting and taxation can influence leasing structures and business decisions.
- This course is designed for professionals who need to understand the accounting and tax principles that underpin leasing and asset finance. It will be particularly useful for:
- finance and accounting professionals;
- tax professionals;
- credit and risk teams;
- analysts;
- asset finance professionals looking to deepen their technical understanding;
- managers looking to refresh their knowledge of current accounting and tax treatment; and
- professionals who are newer to the leasing and asset finance industry.
