Lease Accounting Working Group Meeting January 2012

Sarah Woodman, Global events journalist
January 30, 2012 /

The IASB and the FASB have a joint working group for the Leases project to seek the views of both users and preparers of financial statements as the project progresses.

The Leases Working Group met on Tuesday 24th January 2012 between 14:00- 18:30 (UK time) at both the IFRS and FASB offices.

The Leases Working Group meeting will take place on Tuesday 24th January 2012 between 14:00- 18:30 (UK time) at both the IFRS and FASB offices.

Locations:
UK:
IFRS Foundation / IASB
30 Cannon Street
London, EC4M 6XH
United Kingdom
USA:
FASB
401 Merritt 7
Norwalk
Connecticut 06856-5116
USA

Because the leasing project is a joint project between the IASB and FASB, the working group is an international group serving both Boards. The composition of the working group reflects the diversity and breadth of interest in this area, and ensures that there is a satisfactory balance of perspectives.

The working group is comprised of individuals from a variety of backgrounds – preparers, auditors and users of financial statements, subject-matter experts, and others.

In July the IASB and the FASB established a joint working group for the project to seek the views of both users and preparers of financial statements as the project progresses. The first working group meeting was held in February 2007.

Members

Ann Bordelon, Vice-President of Real Estate Finance Wal-mart Stores, Inc. US

Bill Bosco Consultant Leasing 101 US

David Maxwell Director Classic Technology Limited UK

David Trainer President New Constructs, LLC US

George Yungmann Senior Vice President, Financial Standards National Association of Real Estate Investment Trusts US

Iain Robertson Manager Accounting Policy and Special Projects Canadian Pacific Railway Canada

Jan Buisman Senior IFRS Technical Partner PricewaterhouseCoopers Sweden

Jed Wrigley Director of International Accounting and Valuation Fidelity UK

John Bober Managing Director GE Energy Financial Services US

Kevin Davies Manager Technical Accounting Department Anglogold Ashanti Limited South Africa

Mark Venus Finance Director BNP Paribas Lease Group France

Neri Bukspan Managing Director Standard & Poor’s Credit Market Services US

Peter Kilgour Finance Director Swire Properties Limited HK

Rich Jones Partner – National Office Ernst & Young US

William W Solomon, Jr Senior Manager – Technical Accounting Boeing Capital Corporation US

Thomas Grüber, Professor, Berlin School of Economics (formerly of Daimler-Chrysler)

Observers

European Financial Reporting Advisory Group (EFRAG)

International Organisation of Securities Commissions (IOSCO)

 

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