Reflections on the Accounting Treatment of Lessees in the New Lease Standard: Methods and Examples Based on New Lease Standards 21

DOI

10.2991/aebmr.k.200908.003How to use a DOI?

Keywords

new lease standard, lessee, accounting treatment

Abstract

The new lease standard no longer makes distinguishes between operating leases and financial leases for accounting treatment of lessees, and uniformly uses the “right-of-use model” to separately list an asset and a liability in the balance sheet. The accounting treatment has undergone a disruptive change in comparison with the past. This article intends to analyze the lessees’ accounting requirements from the original lease standard and the new lease standard, and proposes problems, reflections and suggestions for lessee accounting treatment after implementing the new standard.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Yingting Liu
PY  - 2020
DA  - 2020/09/08
TI  - Reflections on the Accounting Treatment of Lessees in the New Lease Standard: Methods and Examples Based on New Lease Standards 21
BT  - Proceedings of the 3rd International Conference on Economy, Management and Entrepreneurship (ICOEME 2020)
PB  - Atlantis Press
SP  - 15
EP  - 20
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200908.003
DO  - 10.2991/aebmr.k.200908.003
ID  - Liu2020
ER  -