IFRS 16 - Challenges and Opportunities in Adopting and Applying the New Standard Regarding Leases

Veronica Grosu () and Elena Hlaciuc ()
Additional contact information
Veronica Grosu: Professor PhD, Stefan cel Mare University of Suceava
Elena Hlaciuc: Professor PhD, Stefan cel Mare University of Suceava, Suceava, Romania

Chapter 30 in The 14th Economic International Conference: Strategies and Development Policies of Territories: International, Country, Region, City, Location Challenges | May 10-11, 2018 | Stefan cel Mare University of Suceava, Romania, 2018, vol. 6, pp 345-354 from Editura Lumen

Abstract: The purpose of the paper is to study the evolution of the global, European and national leasing market, but first of all to take into account the changes introduced by the new IFRS 16. Thus, it was found that although the Romanian leasing market follows the same trend as the European leasing market, Romania prove to be more susceptible to negative changes in the economy. Moreover, economically developed countries account the highest part of the financing through leasing. This demonstrates that leasing cannot evolve without being closely linked to the economic development of the country in which it operates as product.

Keywords: IFR 16; IAS 17; leasing contracts; leasing markets (search for similar items in EconPapers)
JEL-codes: F2 F3 H7 O1 O3 (search for similar items in EconPapers)
Date: 2018
ISBN: 978-1-910129-18-0
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://proceedings.lumenpublishing.com/ojs/index. ... s/article/view/90/87 (application/pdf)
https://proceedings.lumenpublishing.com/ojs/index. ... ings/article/view/90 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:lum:prchap:06-30

DOI: 10.18662/lumproc.85

Access Statistics for this chapter

More chapters in Book chapters-LUMEN Proceedings from Editura Lumen
Bibliographic data for series maintained by Antonio Sandu ().