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.

Start Learning for FreeIncluded in OEG One. Learn MoreHave a question? Contact us.

See exactly what you'll learn before you sign up:

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This short demo shows a real Lease Accounting Cloud walkthrough, step by step, so you know exactly what to expect.

18 HoursDuration
22Learning Modules
Fusion InstanceIncluded
All LevelsExperience Level

What You Will Learn

  • Configure lease accounting setup and system options in Fusion
  • Create and activate lease contracts with IFRS 16 and ASC 842 calculations
  • Process lease amendments, remeasurements, impairments, and terminations
  • Manage lease payments, AP invoices, and revenue for sub‑leases
  • Run lease reports, disclosures, and migration using FBDI

Skills You Gain

Lease Accounting FusionIFRS 16 & ASC 842 ComplianceLease Contract Amendments & RemeasurementsPayments, AP Invoicing & Tax DefaultingLease Reporting & FBDI Migration

What Oracle Financials Consultants Earn Globally

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.

USA flag

USA

$121K - $189K
(Median: $159K)

UAE flag

UAE

AED 144K - 240K
(Avg: AED 12K-20K/mo)

Europe flag

Europe

€72K - 127K
(Avg: €102K in Germany)

India flag

India

₹12.6L - 25.3L
(Median: ₹16.0L)

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

  1. Understanding Lease Contracts
  2. Understanding IFRS 16 - Short Term Lease
  3. Understanding IFRS 16 - Finance Lease
  4. Understanding IFRS 16 - Operating Lease
  5. Understanding ASC 842 - Short Term Lease
  6. Understanding ASC 842 - Finance Lease
  7. Understanding ASC 842 - Operating Lease
  8. Conditions to constitute a Lease Contract
  1. Enabling Offerings
  2. Creation of Lease Role
  3. Creation of System Options
  4. Creation of Payment Template
  5. Creation of Discounting Rate
  6. Creation of Property Configurations
  1. Creation of Property with multiple levels
  1. Creation of Basic Lease with multiple properties
  2. Understanding IFRS 16 Computations
  3. Understanding ASC842 Computations
  4. Understanding Short Term and Long Term Lease Computation
  5. Activating the Lease Contract
  6. Accounting the Lease Contract
  7. Understanding Accounting for Lease Booking (IFRS 16 + ASC842)
  8. Creation of Lease with different Liability Reclassification Method
  1. Configuration of Revenue Payment Templates
  1. Creation of Sub-Leases
  2. Understanding Sub-Lease Computations
  3. Accounting of Sub-Leases
  1. Configuration of Options (Payment Templates)
  1. Creation of Lease Contract with Options
  2. Activating the Lease Contract
  1. Accounting the Lease Contract
  1. Amending the Lease Contract - Edit Non-Financial Data
  2. Amending the Lease Contract - No Scope Change + Accounting
  3. Amending the Lease Contract - Scope Increase + Accounting
  4. Amending the Lease Contract - Scope Decrease (Computation of Decrease by Units)
  5. Amending the Lease Contract - Scope Decrease (Computation of Decrease by Liability)
  1. Creation of Indexes
  1. Amending the Lease Contract - Index Based Increase
  1. Impairment of Lease Contract + Accounting
  1. Exercise Option in Leases (Expiry + Renewal)
  1. Early Termination of Leases + Accounting
  1. Expiry of Lease Contract
  1. Index based Payment Increase for Payments
  2. Manage Expense Payments (Approve / Hold / Export)
  3. Addition of Miscellaneous Payments
  4. Creation of AP Invoices
  5. Understanding AP Invoices + Tax Defaulting + Accounting
  1. Configuration of Revenue Payment Templates
  1. Managing Revenue Payments
  2. Raising AR Invoices + Accounting
  3. Understanding Invoice Tie Back with Lease Accounting
  1. Understanding Sub-Ledger Accounting Rules
  2. Create Mapping Set
  3. Create Account Rules
  4. Create Sub-Ledger Journal Entry Rule Set
  5. Create Accounting Method
  1. Lease Migration Concepts
  2. Lease Migration Approaches
  3. Lease Migration FBDI Template
  4. Upload of Migrated Lease
  5. Creation of Accounting Entries for Leases
  1. Understanding Process Extracts for Leases
  2. Understanding Table structure for Custom Reporting
  3. Understanding standard tables for Leases
  4. Understanding Standard Reports
  5. 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

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Related Courses

Frequently Asked Questions

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.

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