Leasing: Techniques and Accounting

Overview

Course duration: 3 days.

This intensive and practical course provides delegates with a robust appreciation of the leasing process.

Is it right for me?

Designed for accountants, FOs, leasing company staff.

What will I learn?

At the end of this course, delegates will:

• Understand the principles and techniques of leasing operations
• Learn the accounting of leasing operations

What will it cover?

Leasing - Operations Scope

• Key definitions:

        - leasing operations types

        - customers and equipment/capital goods leasing and rental

• Principles of a leasing agreement:

        - tangible and intangibles assets - start/end of period - other components

        - overfinancing - excess and threshold - special features for auto leasing

• Litigation and debt collection
• Other operations:

        - renegotiation

        - cancellation

        - addition

        - asset transfers

• Additional declarative aspects

Accounting Principles of Leasing Operations

• Accounting and fiscal approach:

        - key components

        - tangible and intangible assets

        - depreciation methods and tax coefficients

        - debt collection

        - rediscounting: add-on and discount yield approaches

        - key accounting standards

• Financial approach:

        - building a loan amortisation table

        - interest and principal analysis

        - key accounting standards

• Similarities between both approaches
• Inner reserves:

        - definition and components

        - global valuation process

        - individual "per item" valuation process

• Specific forms and documents regarding leasing transactions

IAS Integration

• The leasing company within the business environment
• The holding company and the scope of consolidation
• IAS standards applied to leasing
• How to migrate to the new standards