Affiliation:
1. Lobachevsky State University of Nizhny Novgorod
Abstract
In the light of the recently adopted new Russian and international standards in accounting and tax accounting, significant changes in the regulation of lease accounting have been made. Unfortunately, the newly adopted rules are not always ideal in terms of their practical application. The article is devoted to a critical analysis of the regulations of the international standard IFRS (IFRS) 16 “Lease” and the Russian standard FSBU25/2018 “Lease Accounting.” The methodological basis of the study includes a critical analysis of the new requirements for accounting for lease transactions in the systems of Russian and international standards in terms of their validity, logic and completeness. The result of the study is the justification of the presence of both positive and problematic aspects in the innovations introduced in the regulation of accounting for leases in IFRS16 and in the Russian standard FSBU25/2018. Recommendations have been made to address the problematic issues of lease accounting and reporting information. The theoretical and practical significance of the study lies in the possibility of using its results in the preparation of new and improved existing accounting regulations in the process of its further development at the national and international levels.
Publisher
Financial University under the Government of the Russian Federation
Reference22 articles.
1. Kovalev V. V. Lease category in accounting and analytical practice: The logic of identification and development prospects. Vestnik NGUEU = Bulletin of the NSUEM. 2017;(4):102–107. (In Russ.).
2. Get’man V. G. Critical assessment of important novels in accounting. Uchet. Analiz. Audit. = Accounting. Analysis. Auditing. 2018;5(6):67–72. (In Russ.). DOI: 10.26794/2408–9303–2019–5–6–67–72
3. Rozhnova O. V. The modern trends of financial reporting development. Uchet. Analiz. Audit. = Accounting. Analysis. Auditing. 2018;5(2):26–35. (In Russ.). DOI: 10.26794/2408–9303–2018–5–2–26–35
4. Druzhilovskaya E. S. The principles of financial reporting in Russia and in IFRS. Bukhgalterskii uchet v byudzhetnykh i nekommercheskikh organizatsiyakh = Accounting in Budget and Non-profit Organizations. 2016;399(15):2–13. (In Russ.).
5. Druzhilovskaya T. Yu. Conceptual framework for financial reporting of IFRS: A critical analysis of new approaches. Mezhdunarodnyi bukhgalterskii uchet = International Accounting. 2017;20(10):596–610. (In Russ.). DOI: 10.24891/ia.20.10.596
Cited by
3 articles.
订阅此论文施引文献
订阅此论文施引文献，注册后可以免费订阅5篇论文的施引文献，订阅后可以查看论文全部施引文献