PwC Introducing the New IFRS-16 Leasing Standard

When:  May 15, 2019 from 5:15 PM to 8:00 PM (NZST)
Associated with  New Zealand
CoreNet Global NZ, Empowering Corporate Real Estate and Workplace Executives

PwC Introducing the
New IFRS-16 Leasing Standard 

Wednesday, 15th May 2019, 5.15 PM, Wellington
Kindly Supported By

PwC Introducing
the New IFRS-16 Leasing Standard 

The new IFRS-16 Leases standard is now in full effect. Leasing is an important and widely used financing solution for most organisations. It enables many to access and use property and equipment without incurring large cash outflows at the start.

It also provides flexibility and enables lessees to address the issue of obsolescence and residual value risk. When it comes to real estate, leasing is often the only way for occupiers to obtain the use of a physical asset, because they are not in a position to purchase. The new standard requires lessees to recognise nearly all leases on the balance sheet and no longer have rent expenses simply going through the profit and loss statement. 
 
The PwC team will explain in simple terms what it's all about and the practical implications from both accounting and property perspectives. Both the speakers will have pleasure presenting at PwC's new Wellington waterfront premises.

 

Speakers

 


Richard Chung

Partner
PwC Real Estate Advisory 

Richard has 30 years’ experience in providing specialist property, valuation and consultancy advice to corporate and government clients. Over this period, he has been actively involved in property valuation standards, including accounting standards as they relate to property. Richard was a Director of Wareham Cameron & Co before that company joined PwC in 2016 and has previously worked for Jones Lang Wootton (now JLL) and the Wellington and New York offices of Ernst & Young (now EY).


Stephen Hogg

Executive Director
PwC Capital Markets Accounting Advisory Services

Stephen is an Executive Director within the Capital Markets Accounting Advisory Services practice of PwC based in Auckland. Stephen has over 25 years of accounting practice experience, including 5 years based overseas in Canada and the UK. Stephen has spent the last 15 years providing expert advice and assistance on complex accounting issues both internally to PwC engagement teams and externally to a large range of clients. 
 

 


 
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Date and Time

Wednesday,  15th May 2019, 5.15pm for 5.30pm start

RSVP

By 5pm Wednesday 8th May 2019

Cost

CORENET MEMBERS & SPONSORS
Free for CoreNet members and sponsors

Please register your attendance by emailing  
adrian@corenetglobal.org.nz

or 

NON-MEMBERS
$60 for non-members
$30 for Young Leaders* non-members
please register here.
* Click here for more information on Young Leaders.

Venue

PricewaterhouseCoopers NZ
Level 4, PwC Centre 
10 Waterloo Quay 
Wellington 6140
New Zealand

Parking

Street Parking
Click here for parking guide or street parking available.

Enquiries

Please email:

Adrian Tan
Email: adrian@corenetglobal.org.nz
Phone: 027 457 8331

 

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General Enquiries
Nigel Rye
Ph: 021 770 076
nigel@nigelrye.co.nz

Membership Enquiries
Kirsten Andrews
Ngai Tahu
Ph: 027 447 6414
kirsten.andrews@ngaitahu.iwi.nz

Events
Nigel Rye
Ph: 021 770 076

nigel@nigelrye.co.nz

Location

PricewaterhouseCoopers NZ
Level 4, PwC Centre
10 Waterloo Quay
Wellington, NZWGN 6140
Event Image

Contact

Adrian Tan
+64 27 457 8331
adrian.tanyb@gmail.com