A NEW APPROACH TO REPORTING ON LIZINGH
Abstract
Application of this standard is mandatory for business periods beginning after 01/01/2019. For the tenant this standard provides only one model of recognition of the lease. According to this model, if all the property of the lessee and obligations related to leasing be recognized. For tenants, rent becomes a new obligation to which the payment of interest, along with a new asset in assets. Tenants will express more property, but at the same time will be more in charge. The impact is not only held on the balance sheet. The income statement is reversed evenly distributed business expense from operating leases, recorded in accordance with IAS - to 17. In accordance with IFRS 16 expenses for leases are divided into depreciation costs (operating expenses) and interest expense of obligations under leases (finance charges). All the companies that are a nuisance assets under operating leases expressed in off-balance sheet to go through a significant change of financial ratios derived from the assets and liabilities of the company.
References
Prof. Dr Kata Škarić Jovanović, Časopis Finrar, MSFI 16 –Lizing, Mart 2016.godina