Dublin City Centre

9.45am – 11.30am Fixed Asset Accounting (i.e. aircraft for this industry)
- Acquisition accounting (fair value, business combination)
- Lease accounting (operating versus finance leases)
- Discussions around depreciation profiles, useful economic lives, residual values
- Discussions on aircraft appraisals (diversity, application, pros and cons)
- Other issues to consider (maintenance accounting policy and how that interfaces with assets values)
- Diversity of treatment (overview and discussion of asset accounting by public and other lessors)

11.30 - 11.45 Coffee break

11.45 – 1.30pm Impairment
- Brief overview of IFRS impairment provisions
- General approach to impairment by lessors (frequency of testing, initial assessment (Step 1), detailed cash flow testing (Step 2 if necessary))
- Discussion on most significant issues and their implications (e.g. market / aircraft / transaction related issues, use and application of appraisals, estimating cash flows, discount rates, maintenance cash flows)
- Brief discussion on IFRS v US GAAP and the implications
- Overview and discussion of recent impairments in the sector

1.30 – 2.30pm Lunch

2.30 – 4.00pm Maintenance Accounting
- Background to maintenance reserves (what are they, why we need them, touch on dynamics of negotiation, pricing, credit related, economic benefit)
- Genesis of maintenance accounting (e.g. airline guide, different potential accounting treatments, US GAAP v IFRS, application in the current market across the lessor community)
- Issues when considering maintenance accounting policies (pros and cons, revenue recognition, income statement comparison, overall asset / balance sheet values (link with asset accounting and impairment), tracking asset or lease lives, anomalies (e.g. income bump on default), lessor contributions)
- Overview and discussion of treatment within the sector

4.00 - 4.15pm Coffee

4.15 - 5.00pm Proposed Lease Accounting changes
- Summary of why potential changes arose and the current status and timing of the project
- Broad based discussion around the likely lessor accounting implications (income statement and balance sheet implications, transition accounting, impairment implications, financial assets etc)

5.00 - 5.30pm Q&A / Wrap-up

Other potential topics that may be of interest
- Running a successful aircraft leasing Finance department
- Improving how Finance support the Board / Audit Committee / Business (frequency, consistency, charters, information preparation and timing, improving management packs and other key information, metric reporting and assessment)
- The internal control environment (rolling out, improving, documenting, adhering to a right-sized control environment and the benefits thereof)
- Key metric analysis (consideration of pricing, financial and operational metrics, the understanding, assessment and reporting of same (pros / cons)
- Peer group reviews

Course Content
• The factors affecting the quality of meat
• Meat presentation / the potential uses of the various cuts of meat
• Labelling issues
• Handling of meat – food safety issues

o Create and conduct evaluation studies through all 5 levels to Return on Investment. It also covers the use of Levels 1 Reaction and 2 Learning from Kirkpatrick/Phillips
o Evaluate any learning Program to a meaningful level
o Sell the Phillips Methodology within your organisation
o Engage business stakeholders in your process.
o Empower Learning & Development to claim the benefit of investments
o Increase the Benefit to Cost Ratio / ROI of Learning & Development
o Each participant is asked to present a learning program that they plan to evaluate
o They will have the opportunity to develop a data collection plan and ROI analysis plan for their training program and have it peer reviewed by the other participants and the facilitator.

Day 2
Carry out a work related training demonstration, Prepare and deliver a training talk, Develop & practice assertiveness skills in the training environment, Importance of Feedback, both giving and receiving, Participant will practice areas like supporting, encouraging and confronting their learners, Prepare assignment for Day 3, Development of a Trainer Development Plan.

Day 3
Presentation of assignment from Day 2, What is coaching ?, Skills of an effective coach, Key techniques of one to one coaching, Four P coaching model, Effective use of visual aids and key learning supports, Review and update of Trainer Development Plan.

Day 4
Advanced presentation skills, Dealing with sensitive training issues, Computers in training, Different Training styles and how to effectively use them, Motivation in training, Strategies for dealing with difficult participants, Diversity in the training workplace, Stress management and the trainer, Review and update of Trainer Development Plan.

The programme with provide participants with an overview of the centre regulations and will also examine the specifics of each programme that will be undertaken by the Trainer.

The programme is a thorough examination of all aspects of the FETAC process, to guarantee that all learners are well informed.