Informace o publikaci

Economic Effects of IFRS 16 Implementation



Rok publikování 2019
Druh Článek ve sborníku
Fakulta / Pracoviště MU

Ekonomicko-správní fakulta

Klíčová slova IFRS 16; Czech accounting standards; operating and financial leasing; accounting statements; right-of-use asset; off balance sheet leases; financial analysis
Popis 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.
Související projekty:

Používáte starou verzi internetového prohlížeče. Doporučujeme aktualizovat Váš prohlížeč na nejnovější verzi.

Další info