Český finanční a účetní časopis 2013(4):110-127 | DOI: 10.18267/j.cfuc.359

Assessment of the New IASB Lease Accounting Model from Lessees Perspectives

Barbora Janasová
Ing. Barbora Janasová - doktorandka; Katedra finančního účetnictví a auditingu, Fakulta financí a účetnictví, Vysoká škola ekonomická v Praze, nám. W. Churchilla 4, 130 67 Praha 3; <barbora.janasova@shell.com>.

There are many views on how to report leasing transactions in the financial statements. As part of the joint leasing project, IASB and FASB are trying to come up with the new standard leasing already for seven years. The aim of this paper is to assess the impact of the proposed Exposure Draft on lessees. The paper tackles the controversial areas as well as benefits of the new proposal. Individual contributions of the lessees are thoroughly examined and compared to those from auditors and to the Draft. Hopefully the wide criticism of the first Exposure Draft would have a positive impact on the second Exposure Draft, and that the second Exposure Draft would be finally accepted.

Keywords: Leasing; IFRS; Discussion Papers; Exposure Draft.
JEL classification: M41

Published: December 1, 2013  Show citation

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Janasová, B. (2013). Assessment of the New IASB Lease Accounting Model from Lessees Perspectives. Czech Financial and Accounting Journal, 2013(4), 110-127. doi: 10.18267/j.cfuc.359
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