Designed for Fortune 500 companies that lease more than $100M in equipment, the webinar will educate attendees on the new standards as well as offer consultation on how to start preparing for the changes.
What: Preview of the New Lease Accounting Standards - FASB 842 and IFRS 16.
Key Topics will include:
* When will the new rules for equipment leasing go into effect?
* How will the FASB rules compare to IFRS?
* Will you have to keep two sets of books during the transition period?
* How will this affect key financial ratios such as profitability, EBITDA and Return on Assets?
How: Educational webinar with audience Q&A.
Who: Michael Keeler, CEO of LeaseAccelerator.
Bruce Conway, Vice President of Operations at LeaseAccelerator.
When: Thursday, November 12 at 1 p.m. Eastern (10 a.m. Pacific).
Where: Sign up for the webinar here: http://elm.leaseaccelerator.com/LeaseAccountingChangesWebinar.html .
During the webinar, lease accounting experts will outline a nine-step process for transitioning to the new standards. Additionally, the presenters will share lessons learned from early adopters who have already re-engineered their leasing programs.
About LeaseAccelerator:
LeaseAccelerator offers market-leading SaaS solution for Equipment Lease Management (ELM); delivering hard cost savings, compliance, and best practices to large, international lessees. LeaseAccelerator is the only solution that covers the entire leasing lifecycle, including: Capital Sourcing, saving 6-8 percent by driving down capital costs; Portfolio Management, saving 8-12 percent by improving end-of-term return performance; and Lease Accounting, enabling compliance with current and new FASB, IFRS, and SOX. Learn more at http://www.leaseaccelerator.com/.
Through LeaseAccelerator's Capital Sourcing marketplace, customers can access The Global Lessor Network (GLN), a community of more than 500 lessors around the world who compete to win our clients business. Using the GLN, global companies with a need for in-country leasing expertise and financing can identify and transact with local lessors. LeaseAccelerator supports transactions in 50 countries, spanning a wide variety of asset types: corporate aircraft, computers, construction, forklifts, furniture, IT, manufacturing, mining, networking, and transportation equipment. Lessors are encouraged to register at http://www.lessornetwork.com/.
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Twitter: @LeaseAccelerate
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