دانلود رایگان مقاله لاتین تغییر رفتار اجاره نامه حسابداری از سایت الزویر
عنوان فارسی مقاله:
مسیر مقاومت: چگونه تغییرات رفتار اجاره نامه حسابداری ممکن است کسب و کار شما را تحت تاثیر قرار دهد
عنوان انگلیسی مقاله:
The path of lease resistance: How changes to lease accounting treatment may impact your business
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مقدمه انگلیسی مقاله:
1. Introduction
IIndustry experts estimate that approximately $1.25 trillion in operating lease payments will be brought to corporate balance sheets if a proposed accounting standard for leases is enacted (Securities and Exchange Commission, 2005). Currently, lease expense from operating leases is treated as an operating expense and typically included in the calculation of earnings before interest, taxes, depreciation, and amortization (EBITDA). However, the expenses of capital leases–—such as depreciation and interest expense–—are excluded from EBITDA calculations. On May 16, 2013, the Financial Accounting Standards Board (FASB) issued the Proposed Accounting Standards Update for Leases (Topic 842), rescinding the highly controversial 2010 proposal (Topic 840). The most significant change in this proposal involves no longer granting operating lease treatment for any lease termed 12+ months, hence bringing lease payments to corporate balance sheets. In this installment of Accounting Matters, we outline what the proposed changes will mean to businesses with operating leases, applying what we have learned from the most recent standard change: Accounting for Uncertain Tax Positions (ASC 740, more commonly referred to as ‘FIN 48’). As wasthe case with FIN 48,the proposed changes in accounting principles associated with leasing activity do not appear to directly impact the economics of the company, other than to change the way that these transactions are reported for financial statement purposes. However, the changes in generally accepted accounting principles (GAAP) could have real economic consequences for firms using operating leases–—as well as for their creditors, employees, investors, and other financial statement users. Debt covenants, management bonuses, and various contracts are often contingent on ratios or other measures calculated using financial accounting data. Changes in the standards of accounting–— such as the proposed changes for lease accounting–— may cause firms to violate debt covenants or distort employee compensation calculations, and perhaps affect other contracts. Not only do the proposed changes have the ability to affect contracts, but also how financial information is used and interpreted. EBITDA, financial ratios, and other financial indicators could be substantially altered due to the proposed accounting changes. Managers, investors, and financial statement users need to understand how these measures will change and revise how such information is interpreted if the proposed changes in leases are implemented. The American Bankers Association (2013) included the following in a comment letter to the FASB: The (proposed lease) requirements will change key metrics used to analyze both a lessee’s financial position and its financial performance if those metrics are derived strictly off of amounts recorded on the balance sheet, income statement, and statement of cash flows. The requirements will naturally present operational challenges to any organization in the U.S. that leases property or equipment due to the need to set up and continuously account for the new assets and liabilities, as well as to auditors and users of financial statements who must understand the new and ongoing complexities. Clearly, the proposed changes should be of concern to managers, business owners, and financial statement users. Perhaps most importantly, the proposed changes may affect firms’ business models, especially as regards the lease/buy decision and lease terms (i.e., length and maintenance). Currently, companies have an incentive to utilize operating leases, in part because operating leases are kept off the balance sheet. Under the proposed new standards, companies might be forced to negotiate shortened lease terms to keep the leases off the balance sheet; alternatively, they might choose to simply purchase these assets rather than lease them. This article begins with a technical explanation of the proposed accounting standards changes and explores potential impacts of the changes. Then, it investigates which types of companies will likely be most impacted by the proposed changes, before concluding with recommendations for managers and business owners alike.
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کلمات کلیدی:
How changes to lease accounting treatment may impact your business https://www.infona.pl/.../bwmeta1.element.elsevier-91bde57b-cb04-3875-8da0-e327... by AD Gross - 2014 - Cited by 1 - Related articles In this installment of Accounting Matters, we examine potential consequences of the Financial Accounting Standards Board's Proposed Accounting Standards ... How New Lease Accounting Rules May Impact Your Business ... www.hainesandlagerquist.com/how-new-lease-accounting-rules-may-impact-your-bus... Jun 12, 2015 - As defined through current accounting standards, a majority of leases are often not reported on a company's balance sheet. The amounts ... Client Advisor - Proposed Changes to Lease Accounting https://bmfcpa.com/client_advisor/client_advisor_lease_accounting_1210 Client Advisor - Proposed Changes to Lease Accounting. What Do the Newly Proposed Lease Accounting Rules Mean for Your Company? ... projects, the outcome of which could have a significant impact on your company. ... characteristics can result in different accounting treatment due to bright line quantitative criteria [PDF]How Changes in Accounting for Leases May Impact Your Business www.nsbn.com/tax-financial-resources/newsletters/.../NSBN-Lease-Buy-Newsletter.pd... The intent of the update is to harmonize the accounting treatment of an asset whether that ... How Changes in Accounting for Leases May Impact Your Business.
