* Affiliatelinks/Werbelinks
Links auf reinlesen.de sind sogenannte Affiliate-Links. Wenn du auf so einen Affiliate-Link klickst und über diesen Link einkaufst, bekommt reinlesen.de von dem betreffenden Online-Shop oder Anbieter eine Provision. Für dich verändert sich der Preis nicht.
Accounting Standard and Regulation Report
David Ikanyi
* Affiliatelinks/Werbelinks
Links auf reinlesen.de sind sogenannte Affiliate-Links. Wenn du auf so einen Affiliate-Link klickst und über diesen Link einkaufst, bekommt reinlesen.de von dem betreffenden Online-Shop oder Anbieter eine Provision. Für dich verändert sich der Preis nicht.
Sozialwissenschaften, Recht, Wirtschaft / Einzelne Wirtschaftszweige, Branchen
Beschreibung
Research Paper (undergraduate) from the year 2018 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 2.5, Kenyatta University, language: English, abstract: Accounting for leases is quite significant in the business reporting framework for its role in asset acquisition and valuation and for bank use in securing credit. Leases under AIS 17 are classified as a finance lease or an operating lease. A finance lease is a lease that transfers in totality all the risks and rewards inherent in ownership of the asset. On the other hand, an operating lease is any lease other than the finance lease. The accounting treatment depends on the nature of the lease. The treatment is to create a lease asset and liability at the beginning of the lease. The new lease recognition will alter the financial reporting approach as leases will have to be factored in the balance sheet. Besides, it will require systems developers to design new software to help manage leases as part of assets and liabilities.
Kundenbewertungen
accounting, report, standard, regulation