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Ecologic Lessee Services Publishes Comprehensive Lease Accounting Changes Whitepaper for Equipment Lessees

GREAT FALLS, Va. July 18, 2011 www.lesseeadvocate.com Will Need

Michael Keeler

"We researched and wrote the whitepaper over the last 5 months for two reasons. Our lessee clients have been asking us to help them understand the lease accounting changes and how they can prepare. They also want us to keep them abreast of the FASB/IASB’s discussions in an efficient way. This is our response to them," explains Keeler. "We are also responding to the growing anxiety in the market – not just among the Fortune 1000 lessees and non-profit hospital systems that we serve, but also among lessors. Many lessors have expressed their fear and uncertainty about what might happen when the standards take effect.  How will companies respond? This is what lessors are thinking about every day."

Angela Sabella

Sabella adds, "Lessors can share the link with their lessees, encourage them to download and read the whitepaper and updates, answer any technical questions that emerge, and engage lessees in a substantive discussion about how they can help them through the transition."

As a supplement, Ecologic will also send regular updates of the FASB/IASB’s deliberations and decisions along with their commentary to anyone who downloads the whitepaper.

Y2K

http://www.lesseeadvocate.com http://www.ecologicleasing.com

About Ecologic Lessee Services:

Northern Virginia Montreal, QC

About The Lessee Advocate:

The Lessee Advocate is a research firm publishing practical information for corporate executives who want to improve their financial performance by improving their leasing operations. Our focus is on the community of corporate equipment lessees. We publish interviews with Fortune 1000 executives, white papers, articles, case studies, benchmark data, and how-to information.

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SOURCE Ecologic Lessee Services

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