The Lease Agreement at the Tenant – the Same Transaction, but Different Accounting, with Consequences for the Information Presented in the Financial Statements and the Indicators Calculated Based on Them

The Lease Agreement at the Tenant – the Same Transaction, but Different Accounting, with Consequences for the Information Presented in the Financial Statements and the Indicators Calculated Based on Them

In our country, the lease agreements are differently accounted at the tenant according to the used accounting reference system. Thus, in the case of entities applying the International Financial Reporting Standards, when the lease agreement is concluded, an asset is recognized in the form of a right...

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Bibliographic Details
Main Author: Marian SĂCĂRIN
Format: Article
Language:English
Published: The Body of Expert and Licensed Accountants of Romania 2023-03-01
Series:CECCAR Business Review
Subjects:
lease agreement
tenant
accounting
international financial reporting standards
accounting regulations compliant with the european directives
financial statements
indicators
Online Access: https://www.ceccarbusinessreview.ro/the-lease-agreement-at-the-tenant-the-same-transaction-but-different-accounting-with-consequences-for-the-information-presented-in-the-financial-s-a282d/download-PDF/

Internet

https://www.ceccarbusinessreview.ro/the-lease-agreement-at-the-tenant-the-same-transaction-but-different-accounting-with-consequences-for-the-information-presented-in-the-financial-s-a282d/download-PDF/

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