Economic Effects of IFRS 16 Implementation
Identifikátory výsledku
Kód výsledku v IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F19%3A00113831" target="_blank" >RIV/00216224:14560/19:00113831 - isvavai.cz</a>
Výsledek na webu
—
DOI - Digital Object Identifier
—
Alternativní jazyky
Jazyk výsledku
angličtina
Název v původním jazyce
Economic Effects of IFRS 16 Implementation
Popis výsledku v původním jazyce
This paper is devoted to the economic effects of implementing the IFRS 16 Lease standard, which came into force on 1 January 2019. The new standard limits off-balance sheet accounting and lease reporting for asset lessees. The aim of the research is to characterize the development tendencies on the world, European and Czech leasing market and to determine the market shares of the operational leasing of lessees, accounting and reporting under IFRS as well as to identify and evaluate the volumes of hitherto unreported leases broken down by business lines of companies. In order to evaluate the expected effects of the implementation, the aggregated data of Czech industrial enterprises reported by companies in 2017 were used. The comparison between Czech and international rules measured the undervaluation of assets and liabilities of Czech lessees and the economic effects assessed using financial analysis indicators. The differences between the two approaches should be taken into account when assessing the financial and revenue situation of companies using leasing, in order to avoid the wrong decisions of management and investors.
Název v anglickém jazyce
Economic Effects of IFRS 16 Implementation
Popis výsledku anglicky
This paper is devoted to the economic effects of implementing the IFRS 16 Lease standard, which came into force on 1 January 2019. The new standard limits off-balance sheet accounting and lease reporting for asset lessees. The aim of the research is to characterize the development tendencies on the world, European and Czech leasing market and to determine the market shares of the operational leasing of lessees, accounting and reporting under IFRS as well as to identify and evaluate the volumes of hitherto unreported leases broken down by business lines of companies. In order to evaluate the expected effects of the implementation, the aggregated data of Czech industrial enterprises reported by companies in 2017 were used. The comparison between Czech and international rules measured the undervaluation of assets and liabilities of Czech lessees and the economic effects assessed using financial analysis indicators. The differences between the two approaches should be taken into account when assessing the financial and revenue situation of companies using leasing, in order to avoid the wrong decisions of management and investors.
Klasifikace
Druh
D - Stať ve sborníku
CEP obor
—
OECD FORD obor
50206 - Finance
Návaznosti výsledku
Projekt
—
Návaznosti
S - Specificky vyzkum na vysokych skolach
Ostatní
Rok uplatnění
2019
Kód důvěrnosti údajů
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Údaje specifické pro druh výsledku
Název statě ve sborníku
EUROPEAN FINANCIAL SYSTEMS 2019
ISBN
9788021093386
ISSN
—
e-ISSN
—
Počet stran výsledku
7
Strana od-do
516-522
Název nakladatele
MASARYKOVA UNIV, ZEROTINOVO NAM 617-9, BRNO 601 77, CZECH REPUBLIC
Místo vydání
Brno
Místo konání akce
Brno
Datum konání akce
1. 1. 2019
Typ akce podle státní příslušnosti
EUR - Evropská akce
Kód UT WoS článku
000503222600061