Leasing 2nd Edition

This new edition of one of Euromoney’s best-selling self-study workbooks has depth and breadth unrivalled in other training manuals. In six detailed modules, examining both lessor and lessee perspectives, the book explains the fundamental principles of leasing and the workings of the leasing industry; defines and explains each component of a leasing arrangement; examines the tax, financial reporting and accounting elements of leasing; teaches you to carry out your own analysis of leasing versus purchasing; and shows how to structure and price lease transactions. Learn at your own pace, wherever and whenever suits you. This is an invaluable leasing training tool. Authors:Alastair Day and David Kidd (6 modules, glossary)

The book defines and describes clearly and concisely each component of a leasing arrangement. You will learn about the tax, financial reporting and accounting elements of leasing (all fully updated to reflect current legislation) and be given the tools with which they can carry out their own analysis of the benefits of leasing as opposed to purchasing.

Module 1: Understanding the Leasing Industry, will provide you with an understanding of the development and structure of the international equipment leasing industry.

Module 2: Lease Classification, gives you the basic knowledge of accounting and tax that is necessary to understand the more complex rules specific to leasing.

Module 3: Lease Versus Purchase Analysis, deals with the qualitative and quantitative factors that impact upon the lease versus purchase decision.

Module 4: Financial Reporting Considerations, starts with a brief review of the provisions of IAS 17, followed by an in-depth analysis of the definitions and processes necessary to gain understanding of accounting considerations and why lessees prefer operating leases.

Module 5: Tax Considerations, will help you to understand the tax benefits and limitations relating to lease transactions.

Module 6: Lease Structuring and Pricing, will outline the basic concepts required to structure and price a lease transaction to a given targeted pre-tax yield.