Impact of International Financial Reporting Standards 16 -Leases on China Unicom

Yimeng Sun ()
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Yimeng Sun: Dalian University of Technology

A chapter in Proceedings of the 2024 4th International Conference on Enterprise Management and Economic Development (ICEMED 2024), 2024, pp 424-430 from Springer

Abstract: Abstract his paper compares IFRS 16 Leases Standard with IAS 17 Leases, analyses the main problems of IAS 17 Leases and the main changes of IFRS 16 Leases Standard, as well as the impact on the enterprises after the implementation of IFRS 16 Leases Standard, takes China Unicom, which accounts for a large amount of leasing, as an example, and analyses the impact on the company from 3 angles, and comes to the conclusion that the implementation of IFRS 16 Leases Standard leads to the increase of assets and liabilities of the company in the balance sheet, and the liquidity of assets is reduced, and the profit is diminished and finally puts forward corresponding improvement suggestions for these impacts from 3 aspects.

Keywords: IFRS 16 Leases Standard; Financial Indicators; impact studies (search for similar items in EconPapers)
Date: 2024
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DOI: 10.2991/978-94-6463-506-5_46

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