Lease Accounting Working Group
On 19 July 2006, the IASB and the US FASB added a joint project on leasing to their respective agendas.
The project scope includes a reconsideration of existing standards of accounting for both lessees and lessors. The current project plan envisages, as a first step, the publication of a joint discussion paper.
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.
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
- Ho Soh Khim
Former Chief Accounting Officer Singapore Aircraft Leasing Enterprise Singapore
- 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
- Richard Richards Group General Manager Reporting and Tax Qantas Airways Australia
- Thomas Gruber Director Accounting and Financial Reporting Daimler Chrysler Financial Services AG Germany
- Thomas Schroeder, Head of Finance, KG Allgemeine Leasing GmbH & Co. (KGAL), Germany
Observers
- European Financial Reporting Advisory Group (EFRAG)
- International Organisation of Securities Commissions (IOSCO)