Agricultural and Biological Sciences
4 years ago

Lease Accounting Reforms Spark Concerns Over Practical Challenges

1 view
Accounting Analysis Auditing
Lease: Problematic Aspects of Accounting and Reporting Information Formation
T.Y. Druzhilovskaya, E.S. Druzhilovskaya

Paper Summary

The article examines new accounting rules for leases, focusing on IFRS 16 and Russian standard FSBU25/2018. The researchers analyze the validity, logic, and completeness of these regulations. They find both positive and problematic aspects in the new lease accounting standards. Recommendations are provided to address the issues identified. The study's significance lies in improving lease accounting regulations at national and international levels.

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