IFRS 16 Leases Mind Map for Exam Revision
See how the lessee model, lease liability, right-of-use assets and disclosures connect. Then build your own map from your lecture notes or PDF.
No credit card required
AI Generated Preview
Trusted by learners from top universities
CogniGuide at a glance
- What you get
- Interactive mind maps of the main ideas and how they connect. Free: overview maps (detailed maps on your first 3 creations). Plus: detailed maps with supporting concepts.
- Exports
- Your first PDF or PNG export is free; Plus exports anytime.
- Price
- Free plan: 5 creations a week, up to 3 a day. Plus: $9.99/month or $99.90/year (USD; local prices at checkout).
- Sign-up
- A free account is required before you create anything (Google or email). No credit card.
- What you can upload
- PDF, Word (.docx), PowerPoint (.pptx), plain text or Markdown, and images (PNG, JPG, WebP, GIF), or type a topic. One file per creation on the free plan; several at once on Plus.
How it compares: vs Knowt · vs Quizlet · vs NotebookLM · vs Mapify
Build Your Own Leases Map
Turn IFRS 16 notes or a standards extract into a map you can expand, test and share.
Build from your own material
Upload a PDF, Word file, slides or notes on IFRS 16 and the AI maps the key concepts for you.
Follow the accounting logic
Branches separate the lessee model, initial measurement, subsequent measurement and presentation.
Quiz yourself from the map
Turn the finished map into a quiz, or make flashcards from the same notes before your exam.
How to Make an IFRS 16 Map
Three steps from your lease notes to a map you can study from.
- 1
Add your IFRS 16 notes
Upload your lecture slides, a PDF of the standard summary, or type the topic.
- 2
AI builds the map
The map groups recognition, measurement, presentation and disclosure into expandable branches.
- 3
Study, expand and quiz
Expand weak areas with AI, edit the wording, then test yourself or export as PDF.
IFRS 16 Leases Mind Map Structure
An IFRS 16 leases mind map shows how a lessee accounts for most leases on the balance sheet. The standard removes the old operating and finance lease split for lessees and requires a right-of-use asset and a lease liability to be recognised. The map follows that logic from the scope and lease definition through to measurement and disclosure.
- Scope and definition: what counts as a lease under the standard
- Recognition: right-of-use asset and lease liability at commencement
- Measurement: initial cost, discounting and subsequent depreciation and interest
- Modifications: remeasurement when terms or payments change
- Presentation and disclosure: statement of financial position, profit or loss and cash flows
Use the map to revise the lessee model before an exam, or to check how a lease changes the accounts. Upload your own notes to CogniGuide and get a personalised map in minutes.
IFRS 16 Mind Map Questions
Common questions about the standard and about making your own map.
What does IFRS 16 change for lessees?
Lessees recognise almost all leases on the balance sheet as a right-of-use asset and a lease liability. The distinction between operating and finance leases is removed for lessees, although lessors keep a separate classification.
How is the lease liability measured?
It is measured at the present value of unpaid lease payments, discounted at the rate implicit in the lease or, if that cannot be determined, the lessee's incremental borrowing rate.
Which files can I use to make my own IFRS 16 map?
You can upload PDF, Word (DOCX), PowerPoint (PPTX), text, Markdown or image files, or simply type the topic and let the AI build the map.
Can I turn my IFRS 16 map into a quiz?
Yes. Once the map is built you can turn it into a quiz to test yourself. There is a free plan with 5 creations a week and no payment needed.