Event Details

Changes in Lease Accounting - No Longer IF, it's WHEN
Event Date/Time:  Thursday, March 22, 2007 Event ID: 12524
1:00 PM - 2:30 PM (US Eastern time)
12:00 PM - 1:30 PM (US Central time)
11:00 AM - 12:30 PM (US Mountain time)
10:00 AM - 11:30 AM (US Pacific time)
5:00 PM - 6:30 PM (GMT)
An informative ELFA-sponsored web seminar scheduled March 22, 2007, 1:00pm-2:30pm EST will help accounting and business professionals alike gain a better understanding about the potential fate of off-balance sheet financing and operating leasing.  Last summer, a formal project to replace FAS 13 was added to the agendas of both the International Accounting Standards Board (IASB) and Financial Accounting Standards Board (FASB).  While most in the leasing and finance industry are aware that changes are afoot with respect to the current lease accounting standard, FAS 13, do you know what alternatives to the current model are being considered by the standards-setters?  Or, when any change is expected to occur.  Or, how your particular business might be impacted?

A panel of experts, which includes ELFA Financial Accounting Committee Chair Rod Hurd and noted authority Bill Bosco will help provide answers to these and other critical questions.  In addition, Mr. Bosco, a member of the newly formed FASB/IASB Working Group, will provide his thoughts and feedback to ELFA members on the first meeting of the advisory group held in London February 15.

Time will be allocated for questions and answers during the web seminar.

Who Should Attend :

This web seminar is a must-attend for those in leasing and finance organizations looking to be brought up-to-speed on an issue that potentially could have the most dramatic impact on the way the equipment leasing and finance business is conducted since adoption of sweeping tax reform changes in the mid-eighties.

Presented by
Rod Hurd - Managing Director - Montgomery Street Financial Services, LLC  and ELFA Financial Accounting Committee Chair 
Bill Bosco -- Consultant, Leasing 101
Mindy Berman - Managing Director, Corporate Finance, Jones Lang LaSalle