Registration Time: 09:00
Sessions Time: 09:15 - 12:30  including a 15-minute break
Speaker: Mr Paul Zammit
Venue:   Online Webinar

Participation Fees 
MIA Members: €40.00
Non-MIA Members: €75.00
Retired Members: €20.00
Students: €30.00

*Group bookings for 3 or more participants available.

BACKGROUND INFORMATION

The area of lease accounting remains one of the more challenging aspects of financial reporting. There are significant differences—particularly in lessee accounting—between IFRS and GAPSME. A contract that constitutes a sublease may introduce further complexities in the books of the intermediate lessor. This session provides a practical and comparative overview of how leases and subleases are accounted for under IFRS 16 and GAPSME, highlighting the key principles, recognition, classification, and measurement considerations. This three-hour session will focus on the real-world application of these principles and the exercise of professional judgement.

SPECIFIC TOPICS TO BE COVERED DURING THE SESSION

1. Overview of lease accounting under IFRS 16: lessee and lessor accounting
2. Additional considerations for subleases under IFRS 16
3. Overview of lease accounting under GAPSME: lessee and lessor accounting
4. Additional considerations for subleases under GAPSME

Why is the session of relevance to our members? 

Intangible assets—such as software, brands, and development costs—often represent significant value but come with significant accounting complexity. This session will help participants navigate the practicalities of recognising and measuring these assets correctly, aligning with both IFRS and GAPSME. It is designed to be both a refresher and a guide, helping you avoid common mistakes, improve judgment, and keep up to date with evolving expectations.

Target Audience

• Client-servicing accountants
• Client-servicing auditors
• Financial controllers and CFOs in industry
• Preparers of financial statements
• Technical and compliance officers
• Accounting students

Speaker's Profile

Paul Zammit is a Certified Public Accountant specialising in International Financial Reporting Standards and GAPSME legislation. Since 2017, Paul has focused on technical accounting research and engagements, including advisory projects and the review of financial statements for compliance with Maltese regulations. He is a member of the Malta Institute of Accountants’ Financial Reporting Committee and has contributed to key initiatives, including the 2024 amendments to GAPSME. Paul has been lecturing in financial reporting since 2018, delivering training to ACCA and ACA students, as well as CPE-accredited sessions for professionals across various firms and institutions. Today, as a sole practitioner, Paul focuses mainly on technical accounting services — advisory, compliance, lecturing, and coaching — combining strong subject-matter expertise with a practical, people-focused approach

EVeNT CPE COMPETENCies

3  Core

WEBINARS TERMS AND CONDITIONS

Terms and conditions  apply

DISCLAIMER

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Please note that all webinars are recorded by the MIA. Such recordings will be retained by the MIA for internal use.