IFRS 16 “Leases” – consequences on the financial statements and financial indicators
Marian Sacarin ()
Additional contact information
Marian Sacarin: Bucharest University of Economic Studies, Romania
The Audit Financiar journal, 2017, vol. 15, issue 145, 114
In January 2016, the International Accounting Standards Board (IASB) issued IFRS 16 “Leases”, which will replace the current standard IAS 17 “Leases”. IFRS 16, whose application is mandatory for annual periods beginning on or after January 2019, sets out new rules for the recognition and measurement of leases, leading to a change of value for the elements recognized in the financial statements, as well as for the financial indicators calculated based on these. The purpose of this article is to present, based on a comparative analysis of IFRS 16 and IAS 17, the main consequences that the application of IFRS 16 will arise, in respect of the financial statements and the financial indicators determined based on the information provided by these.
Keywords: IFRS 16 “Leases”; lessee; consequences; financial statements; financial indicators; IAS 17 “Leases”. (search for similar items in EconPapers)
JEL-codes: M41 (search for similar items in EconPapers)
References: View complete reference list from CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:aud:audfin:v:15:y:2017:i:145:p:114
Access Statistics for this article
More articles in The Audit Financiar journal from Chamber of Financial Auditors of Romania
Series data maintained by Dumitru Valentin Florentin ().