WHY OPERATING LEASES
Both mature and emerging markets are suffering from margin compression. This is primarily due to the fact that the finance lease is increasingly looked upon in the market place as a loan equivalent. From an economics point of view, it is indeed loan like; from an accounting point of view, it is booked as though it is a loan; and, from a tax point of view in most countries it is treated the same way as a loan!
Operating leases provide the customer with a host of benefits that finance leases do not; and, simultaneously allow the lessor to benefit from profit sources not found in finance leases.
Operating leases will soon face dramatic changes in light of forthcoming accounting changes; yet, because of the numerous significant benefits they deliver, they will continue to remain viable.
WHY AMEMBAL & ASSOCIATES
Amembal & Associates is the world’s foremost authority in lease training, consultancy and publications.
With regards to training, over 70,000 leasing professionals have attended varied seminars and conferences held throughout the world; with regards to consultancy, the firm has served dozens of blue chip leasing companies as well as drafted leasing legislation for 22 governments; and, with regards to publications, the firm has authored and published 16 industry best-sellers.
In particular, having to do with operating leases, Mr. Amembal authored “A Complete Guide to Operating Leases”, the only publication of its kind. In 2013, he will co-author “Lease Accounting – A Complete Guide to the New Approach”
Mr. Amembal has chaired the annual World Leasing Convention continually since 1993.
WHY A CONFERENCE
The conference is the first-ever comprehensive event focusing solely on operating leases. It features a multiplicity of talented speakers from both mature and emerging markets. All presentations will be relevant to one and all. Leasing companies new to the product will gain tremendous insight into the complexities of operating leases; leasing companies already engaged in the product will fine tune their skills. The issues that will be covered include:
- Grasping the varied aspects of asset management
- Adopting strategies to survive the repeal of off balance sheet financing
- Learning about asset life cycle management
- Understanding the nuances of fleet management
- Working with vendors to mitigate risk
- Gaining insight into software leasing
- Arriving at residual valuation
- Mitigating varied risks inherent in the product
- Gauging varied approaches to re-marketing