World-over, lease transactions provide an
efficient alternative for asset acquisition. Properly structured lease
transactions may provide tax efficient, and quite often, off balance sheet
funding means. Flexibility and effective collateral rights make leasing one of
the prime methods of asset-backed funding. In growing economies, the potential
for leasing is immense. Operating leases are a new phenomenon and leasing is
finding a resurrection in form of operating leases. This
apart, there is a sure spurt in the volume of leases in recent periods.
Past leasing volumes during recessionary
periods Indicate that leasing is antirecessionary. During periods of economic
volatility, entities may turn fragile, but assets serve to be of value. This is
what makes asset-backed funding and leasing particularly relevant.
While both financial and operating leases have
become worth-considering, this workshop will focus on the distinctive
advantages of operating leases. There are several regulations, standards and
rules that define and affect the structure of operating leases. In addition,
the structuring of operating leases, management of residual asset risk,
requires both intensive knowledge as well as skill set.
This intensive workshop will provide participants
with a thorough understanding of lease transactions from accounting definitions
to asset risk management, tax, legal issues, and accounting treatment. Lease
transactions pricing and structuring will be covered in depth to ensure
delegates translate all theoretical and practical concepts into readily
applicable techniques.
ABOUT THE TRAINER
Vinod Kothari
Founder and Managing director
Vinod Kothari Consultants P Ltd.
Vinod Kothari, widely acclaimed as the ‘guru’ of leasing
industry, has gained international acceptability as author, educator and
consultant on leasing and assetbacked financing. As a
trainer, Vinod regularly lectures in several countries on leasing, hire-purchase
and asset financing products besides securitisation, credit derivatives and
derivatives accounting. Over the past 13 years, he has trained more than 3000
executives at all levels. Vinod is the author of the ‘Lease Financing and
Hire-purchase’ book and articles published in the Asset Finance and Leasing
Digest UK, Monitor USA, the Equipment Financing Journal and others. He has been
recently delivering training in New York, Washington, London, Sydney, Milan,
Frankfurt, South Africa, Malaysia, Singapore, Hong Kong, Dubai, Kuwait,
Shanghai, Shenzhen, Colombia, Zambia, India, Sri Lanka, Bangladesh, Egypt and
Jordan. Vinod is also the Director of the Association of Leasing and Financial
Services Cos., a body comprised of over 500 top leasing organisations; and
Executive Director of the Asian Securitization Forum.
