The Equipment Leasing and Finance Association unveiled the agenda for the upcoming ELFA Lease & Finance Accountants Conference LIVE!, an interactive virtual conference to be held on Sept. 14. The one-day event will provide the latest information on accounting and financial reporting issues affecting the $900 billion equipment finance sector. The ELFA encourages industry leaders responsible for financial reporting activities and professionals who need to be familiar with the impact of accounting on their transactions to attend.
“What are the critical accounting issues facing the equipment finance industry today? At Lease & Finance Accountants Conference LIVE! we’ll tackle important new developments that you need to be aware of,” John Bober, chair of ELFA’s Financial Accounting Committee, which is involved in planning and hosting the conference, said. “We’ll also reconnect with colleagues we haven’t seen throughout the pandemic and meet new contacts. We hope to see as many ELFA members as possible on Sept. 14!”
Highlights from the ELFA Lease & Finance Accountants Conference LIVE! agenda include:
Lessor Hot Topics – Lease modifications, sale leasebacks, residual value guarantees and more. Plus: Top reminders for those about to adopt the new leases standard.
Lessee Hot Topics – Accounting for changes in a real estate portfolio
Lease and Loan Sales
Current Expected Credit Losses (CECL)
The End of LIBOR – Transitioning from LIBOR to Replacement Rates
Applying ASC 842’s Definition of a Lease to Service Arrangement
Interaction Between ASC 842 and ASC 606
State of the Tax Code as it Relates to the Leasing Industry
State of the Equipment Finance Industry – Presented by Kris Snow, Board Chair of the ELFA and President of Cisco Systems Capital
Virtual Networking Reception – Connect with colleagues and exchange best practices
This continued Monitor column is another slice in the life of a leasing sales person. It is a fictitious sales call between a leasing sales person and a CFO prospect. This could be a face-to-face sales call or a quick... read more
Renowned futurist Alvin Toffler wrote, “In the 21st century, illiteracy won’t result from an inability to read and write, but from a failure to learn, unlearn and relearn.” Leaders are challenged to build culture and enhance performance in a rapidly... read more