Improving the reliability of the financial statements of the tenant enterprise
https://doi.org/10.24182/2073-6258-2023-22-3-32-38
Abstract
Improving the reliability of financial statements in the interests of external users is the main task to be solved in the process of its preparation. The ongoing reform of the accounting system in connection with the updating of federal standards causes changes in the procedure for the formation of financial reporting indicators. The article examines the impact of the federal lease accounting standard on the reliability of information presented in the financial statements of the tenant enterprise. The difference in approaches to the definition of reliable reporting in the Russian accounting system and international standards is analyzed.
The authors consider the consequences of applying the standard in three main areas: the emergence of a new object of the balance sheet asset, the reflection of lease liabilities as part of accounts payable of the balance sheet liability, and the disclosure of other information about lease transactions in the explanatory notes to the statements. The procedure for determining the right to use the leased object using discounting rules is described. The concept of the fair value of the leased object and its difference from the market value is given.
Special attention is paid to the importance of the professional judgment of an accountant for the formation of reliable reporting indicators.
About the Authors
E. A. Naumova
Saint Petersburg State Marine Technical University
Russian Federation
Russian Federation
Cand. Sci. (Econ.), Assoc. Prof., Head of the Department
Department of Accounting and Audit
Saint Petersburg
O. G. Gortsevskaya
Saint Petersburg State Marine Technical University
Russian Federation
Russian Federation
Cand. Sci. (Econ.), Assoc. Prof.
Saint Petersburg
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For citations:
Naumova E.A., Gortsevskaya O.G. Improving the reliability of the financial statements of the tenant enterprise. Scientific notes of the Russian academy of entrepreneurship. 2023;22(3):32-38. (In Russ.) https://doi.org/10.24182/2073-6258-2023-22-3-32-38
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