Upcoming Live TrainingLoading upcoming training|Fetching dates...|Register Now →
Introductory OfferUse INTROEBS to get ₹11,000/$110 or INTROESBINS to get ₹22,000/$230 Off|Buy EBS eBooks →
Upcoming Live TrainingLoading upcoming training|Fetching dates...|Register Now →
UPDATED: DEC 2025
Get Audit Ready With IFRS 16 and ASC 842 Compliant Lease Disclosures in 18 Hours
Worried about incomplete disclosures and audit scrutiny? This 18-hour hands-on course walks you through the full lease lifecycle in Fusion Cloud, from setup to IFRS 16 and ASC 842 compliant reporting, so you can face audits with confidence.
Here's what the market pays for the skills you'll build in this course.
IFRS 16 / ASC 842 compliance is non-negotiable for listed enterprises. Many Financials consultants skip FLA, and that scarcity directly improves your competitiveness for projects with large lease portfolios.
Mid-level consultants, 3-7 years experience. Entry-level starts 30-40% lower. Senior/lead roles exceed the upper range.
Certified consultants report 10-20% higher earnings compared to non-certified peers
Course Content
Understanding Lease Contracts
Understanding IFRS 16 - Short Term Lease
Understanding IFRS 16 - Finance Lease
Understanding IFRS 16 - Operating Lease
Understanding ASC 842 - Short Term Lease
Understanding ASC 842 - Finance Lease
Understanding ASC 842 - Operating Lease
Conditions to constitute a Lease Contract
Enabling Offerings
Creation of Lease Role
Creation of System Options
Creation of Payment Template
Creation of Discounting Rate
Creation of Property Configurations
Creation of Property with multiple levels
Creation of Basic Lease with multiple properties
Understanding IFRS 16 Computations
Understanding ASC842 Computations
Understanding Short Term and Long Term Lease Computation
Activating the Lease Contract
Accounting the Lease Contract
Understanding Accounting for Lease Booking (IFRS 16 + ASC842)
Creation of Lease with different Liability Reclassification Method
Configuration of Revenue Payment Templates
Creation of Sub-Leases
Understanding Sub-Lease Computations
Accounting of Sub-Leases
Configuration of Options (Payment Templates)
Creation of Lease Contract with Options
Activating the Lease Contract
Accounting the Lease Contract
Amending the Lease Contract - Edit Non-Financial Data
Amending the Lease Contract - No Scope Change + Accounting
Amending the Lease Contract - Scope Increase + Accounting
Amending the Lease Contract - Scope Decrease (Computation of Decrease by Units)
Amending the Lease Contract - Scope Decrease (Computation of Decrease by Liability)
Creation of Indexes
Amending the Lease Contract - Index Based Increase
Impairment of Lease Contract + Accounting
Exercise Option in Leases (Expiry + Renewal)
Early Termination of Leases + Accounting
Expiry of Lease Contract
Index based Payment Increase for Payments
Manage Expense Payments (Approve / Hold / Export)
Addition of Miscellaneous Payments
Creation of AP Invoices
Understanding AP Invoices + Tax Defaulting + Accounting
Configuration of Revenue Payment Templates
Managing Revenue Payments
Raising AR Invoices + Accounting
Understanding Invoice Tie Back with Lease Accounting
Understanding Sub-Ledger Accounting Rules
Create Mapping Set
Create Account Rules
Create Sub-Ledger Journal Entry Rule Set
Create Accounting Method
Lease Migration Concepts
Lease Migration Approaches
Lease Migration FBDI Template
Upload of Migrated Lease
Creation of Accounting Entries for Leases
Understanding Process Extracts for Leases
Understanding Table structure for Custom Reporting
Understanding standard tables for Leases
Understanding Standard Reports
Review of Quarterly Updates - 25D / 26A (if available)
Oracle Fusion Lease Accounting Training Pricing
Choose the plan that works best for you. Get access to Oracle Fusion Lease Accounting training with this single course, or unlock everything with OEG One.
Lease Accounting Cloud
Single Course Access
$159/ 6 Months
Lease Accounting Self-Paced Access (6 months)
Lease Accounting Recordings Access (6 months)
Fusion SaaS Instance (6 Months)
Practice Assignments for Oracle Fusion Lease Accounting
Soft Copy Training Material for Oracle Fusion Lease Accounting Module
Oracle Certification Material for Oracle Fusion Lease Accounting
Oracle Fusion Lease Accounting training completion certificate
Video Session on Resume Building and Interview Questions
Job assistance for relevant openings
Best Value
OEG One
ALL Modules Access
$399$339/ 12 Months
ALL Live Trainings (attend unlimited batches of ALL modules for 12 months)
ALL Recordings Access (12 months)
Fusion SaaS Instance (12 months)
EPM SaaS Instance (Limited availability)
Practice Assignments for Many Modules
Soft Copy Training Materials for ALL Modules
Oracle Certification Material for Many Modules (N/A for Lease Accounting)
Training Completion Certificates
Video Session on Resume Building and Interview Questions for Many Modules
Job Assistance for relevant openings
Need help picking the right learning path?
Chat with an OEG mentor for curriculum guidance, team training, or invoicing.
This course is perfect for freshers looking to start a career in Oracle Financials, EBS R12 consultants transitioning to Oracle Cloud, and functional consultants or finance professionals handling leasing contracts, lease compliance, and accounting treatment. No prior experience in Fusion is required; the training starts from the basics and covers hands-on business scenarios.
The course provides a thorough understanding of the Oracle Fusion Lease Accounting (FLA) Module, covering lease accounting fundamentals and compliance, FLA role setup, data access configuration, and security, configuration of locations, items, payment terms, DFFs, and discount rate index, and execution of transactions like lease creation, amendments, scope changes, cancellations, and expirations. It also includes FBDI upload, lease reports, journal entries, and integration with Payables and General Ledger, plus end-to-end coverage of the lease lifecycle and reporting. The content is delivered via real examples in a live Oracle Fusion Cloud instance.
This is a self-paced course designed for flexibility. You'll receive 6-month access to all course recordings (approx. 9 hours, split across 4 sessions), human-generated searchable captions and chapter markers for quick topic review, plus soft-copy training materials and access to a Fusion SaaS instance.
Yes. The course includes 6-month access to a Release 13 Oracle Fusion Cloud instance, enabling you to configure lease accounting components, perform transactions from creation to termination, and explore real-world accounting treatment and system behaviors.
Yes. Upon completing the course, you'll receive an OEG Course Completion Certificate for the FLA Module.
However, please note: Oracle currently does not offer a separate certification exam for Lease Accounting, so certification prep materials are not applicable in this case.
Yes. You'll be enrolled in the OEG Job Assistance Program, which includes resume formatting tools and a dedicated session on resume building and interview preparation, access to OEG's private job portal featuring roles from 40-45 top partner companies, and referrals to hiring managers (India-specific support at this time).
Lease accounting in Oracle Fusion (Oracle Fusion Lease Accounting) covers end‑to‑end lease lifecycle setup, compliance, payments, and disclosures in Oracle Cloud Lease Accounting.
If you have a query, you can send an email to our dedicated support team at Support@OracleErpGuide.com.
We're committed to providing prompt support so you can continue learning without delays.
All subscriptions can be accessed by one user from any device/location. Account sharing is not allowed and is strictly monitored to ensure fair usage.
Yes. During your 6-month access period, you can revisit recordings as many times as needed, jump directly to specific topics using chapter markers and searchable captions, and use the resources for revision and hands-on practice at your own pace.