Tax & Accounting for Leases 2012 Conference
- Implications for Asset Finance

• Hear Directly From, & Speak with, the IASB
  Patrina Buchanan, IASB Leases Project Lead, will deliver this year’s keynote presentation as the re-Exposure Draft is released

• IASB, FLA & Big Ticket Lessee Panel
  We have gathered financial reporting executives from BP, easyJet & Angel Trains to outline the impact on their balance sheets

• Lessees, Lessors & Asset Finance
  You will be able to meet and connect with the most active lessees, lessors & asset financiers

• Complete Coverage of Issues for Preparers
  Covering all the issues impacting the leases industry’s balance sheets

For the latest information, see the latest Tax & Accounting for Leases conference agenda.

Plus - don't miss the topical post-conference workshop on Practical Application of the Leasing Standard - 18th April 2012, London. See the workshop agenda.

18th April 2012 - London

Use practical exercises, hands-on case studies and industry examples to really drill down to the complexities of the new leasing standards.

Overview of the Changes within the Leases Proposal
• Cash flow implications following the changes
• EBITDA implications following the changes
• Implications for leverage ratios & capital ratios

Accounting for Lessees
• Right to use of intangible assets
• Lease liabilities surrounding lease payments
• Removing the ‘risks and rewards’ model

Accounting for Lessors
• Accounting for investment property:
   o fair value measurement & IAS 40 Investment Property
   o when to use performance obligation approach
   o when to use derecognition approach

Understanding Operational and Commercial Impacts
• Balance sheet growth
• Implications for front-ending expenses
• Fluctuating values due to reassessment
• Potential to breach compliance requirements