Event Description

This web seminar provides a basic overview and the introductory concepts of accounting for leases as currently defined within SFAS 13. It will explain basic terms and definitions within the lease accounting framework and the different types of leases.

The session will cover:

• lease classification for lessees and lessors
• lessor accounting for operating leases
• direct finance leases
• sales-type leases with examples

The web seminar will also provide an overview of lessee accounting, the lease versus buy decision, and the accounting reasons for leasing.

Presenter:
Joseph P. Sebik
SVP - Structuring & Product Development
CITICAPITAL

Additional Information:
This conference is a web seminar.  There are no pre-requisites or advance preparation for this conference.

Cancellation Policy: You may cancel up to one hour before the commencement of the web seminar.

Records Retention:  ELFA will keep all records of attendees and materials relating to this conference on file for five years.  After five years, ELFA may decide to retain the records or abandon those records.

Complaint Resolution:  You may contact Alexa Domeck at adomeck@elfaonline.org  to resolve any complaints or disputes you may have about this web seminar or call her at (202) 238-3416.

For more information regarding administrative policies such as complaint and refund, please contact our offices at (202) 238-3400.

Equipment Leasing and Finance Association (ELFA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.  State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.  Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Nashville, TN 37219-2417.  Web site: www.nasba.org
 
For more details regarding your CPE credits please contact Janet Fianko at jfianko@elfaonline.org or you may call her at (202) 238-342