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- Title
Dal metodo patrimoniale al right of use model. Gli effetti sul bilancio della contabilizzazione del leasing.
- Authors
Navaroni, Matteo; Panigati, Mirko; Medina, Serena; Baldini, Giuseppe
- Abstract
On January 13, 2016, the IASB publishes the International Financial Reporting Standard 16: "Leasing". The standard, the application of which starts from the financial statements drawn up from 1 January 2019, is the result of a long process of reviewing the rules for representing leasing transactions in the financial statements. The new IFRS 16 replaces the previous principle IAS 17 and has changed the method of accounting for the lease contract, abolishing the distinction between financial leasing and operating leasing for the purposes of presentation in the financial statements. With the transition from the accounting methodology based on the legal form of the contract to one whose purpose is to show the substance of the transactions, changes are expected on many financial statement values and ratios. This paper aims to highlight the impacts that the change produced by the IFRS 16 has on the accounting modalities of the leasing contract on the various items affected by the registration of the contract and how these changes are reflected on the ratios mainly used by the readers and users of the financial statements. The analysis will highlight how some indices, such as those of profitability, are negatively influenced at the time of first detection, due to a double effect of reducing net income and increasing the capital employed in the comparison. However, these ratios are influenced only by the contractual period in which it is placed, with annual improvements due to the increase in income produced, given the lower incidence of charges. With the aim of bringing out undeclared debt, the leverage is index on which more attention will be paid with the application of the new standard.
- Subjects
ORGANISATION of Islamic Conference; INTERNATIONAL Financial Reporting Standards; ACCOUNTING methods; OPERATING leases; LEASES; RECORDING &; registration; CONTRACTS; FINANCE
- Publication
Economia Aziendale Online, 2021, Vol 12, Issue 4, p507
- ISSN
2038-5498
- Publication type
Article
- DOI
10.13132/2038-5498/12.4.507-544