GE Capital Fleet Services will be hosting a webinar this Thursday, March 17. to discuss how upcoming accounting changes will change fleet operations. The company noted that changes by the Financial Accounting Standards Board (FASB) and International Accounting Standards Board (ISB) could change how a fleet’s balance sheet and income statement must be presented for certain lease financings.
The current proposed changes mandate that the lessee’s balance sheet reflect assets (such as corporate vehicle leases) and liabilities arising under leases.
Topics discussed during the webinar will include:
- Economic implications of the recent proposed changes
- How these changes could impact fleet assets
- What fleet managers can do to prepare for the proposed rule changes
Jeanine Flower, senior technical controller for GE Capital Americas, and Brad Hoffelt, senior vice president of analytics at GE Capital Fleet Services, will host the webinar.
Questions will be allowed and the webinar is being offered free of charge.
It will take place from 2-3 p.m. EDT this Thursday, March 17.