Jessica Taurae, Partner, Global Accounting Consulting Services, PwC to Speak at the Knowledge Groupís Emerging Issues on Leases: What You Need to Know Live Webcast
New York, NY, May 09, 2014 --(PR.com
)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Jessica Taurae, Partner, Global Accounting Consulting Services, PwC will speak at the Knowledge Group’s webcast entitled: “Emerging Issues on Leases: What You Need to Know.” This event is scheduled for November 24, 2014 from 10:00am – 12:00pm (ET).
For further details, please visit: http://theknowledgegroup.org/event_name/emerging-issues-on-type-a-and-type-b-leases-what-you-need-to-know-live-webcast/
The Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) issued a joint proposal that could significantly alter how companies account for leases. The FASB and IASB (the Boards) have started their re-deliberations in March 2014 following the publication of the revised Leases Exposure Draft in March 2013 and has targeted 2015 to issue the final standard. As evidenced by 600+ comment letters received by the Boards, the proposed changes will no doubt represent financial reporting, regulatory and in some jurisdictions, tax reporting challenges to adopters. Other significant challenges such as data capture, system updates or procurement, lease vs. buy decision, contract management and human resources are also expected.
In this 2-hour live webcast, a panel of key thought leaders organized by The Knowledge Group will provide an overview to help you understand the accounting of the proposed changes, status of the re-deliberations and the potential effects of the changes on companies’ businesses.
About Jessica Taurae
Jessica is partner in PwC’s Global Accounting Consulting Services (GACS), which leads the firm’s interpretations of International Financial Reporting Standards (IFRS). She has worked in accounting consulting services for more than 10 years providing advice to PwC engagement teams and clients around the world on all aspects of their accounting for financial instruments.
Prior to joining the Global Accounting Consulting Services group Jessica was in the Banking and Capital Markets audit practice in London where she was the lead manager on a major UK listed financial institution, responsible for UK consolidation, US reporting, and treasury operations. Jessica is originally from New York and was in the banking audit practice there before transferring to London in July 2000.
Jessica has worked extensively with financial institutions in Europe and elsewhere in connection with their first time adoption of IFRS and in reviewing their IFRS financial statements. She co-ordinates the firm’s global guidance on accounting for financial instruments under IFRS (including leasing) with a focus on banking and corporate treasury related issues. She has authored numerous PwC publications on the accounting for financial instruments under IFRS. She has drafted the response letters to the IASB’s exposure drafts on financial instrument issues including classification and measurement and impairment of financial instruments. She works closely with IASB and IFRS IC staff on standard setting matters, reviews fatal flaw drafts of standards, and participates in outreach activities.
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Group, LLC was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register to an event, please visit: http://theknowledgegroup.org/