Charlotte Lo, Senior Manager, KPMG LLP to Speak at the Knowledge Groupís Emerging Issues on Leases: What You Need to Know Live Webcast
New York, NY, May 11, 2014 --(PR.com
)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Charlotte Lo, Senior Manager, KPMG LLP 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 Charlotte Lo
Charlotte has more than 15 years of experience in audit and IFRS and UK GAAP financial reporting and accounting of investment banking and leasing products.
Charlotte’s experience as lead audit manager on some of KPMG’s global financial sector banking and insurance clients includes Dresdner Bank, Fortis Bank and Old Mutual. Through her audit roles, Charlotte has developed a deep technical understanding of a variety of derivative products including credit, equity, and commodity based products through her external audit experience.
Charlotte has also carried out in-depth reviews of corporate and structured loan portfolios including credit risk and impairment assessments.
Charlotte was part of a multi-disciplinary team who advised HM Treasury on the design on the Asset Protection Scheme to cater for investment banking exposures as well as performing due diligence work on a target bank’s proposed loan and derivative asset exposures for inclusion in the scheme.
Charlotte is currently a Senior Manager co-leading the Banking Accounting Advisory practice within FSAS and has worked closely with both banks and corporates, providing IFRS structured transaction accounting advice.
Charlotte regularly provides training on technical and/or emerging issues under IFRS to external clients.
About KPMG LLP
KPMG LLP, a UK limited liability partnership, is a subsidiary of KPMG Europe LLP and operates from 22 offices across the UK with over 11,000 partners and staff. The UK firm recorded a turnover of £1.8 billion in the year ended September 2013. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. KPMG operates in 155 countries and have more than 155,000 people working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.
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/