A Study On The Confirmation And Measurement Of China 's Lease Accounting Standards

This is an accounting informationization society, economic businesses are parsed into all kinds of accounting information, the emergence of accounting standards is to make the accounting information more standardized. With the development of capital market and financial market, many new forms of economic businesses are coming. So the accounting standards will be updated. With the development of rental business, the current lease standard can not meet the need of stakeholders, and it needs to be updated. IASB and FASB began to revise the rental standard from 2009,China also started to discuss the standards.The paper interpreted the content of Lease Draft, and compared the difference between CAS 21 and Lease Draft in recognition and measurement. According to the specific problems on leasing criterion in our country, the paper summarized the defects in the recognition and measurement and put forward the advices which is suitable for our country in recognition and measurement. Our rental industry is in a low stage of development but develops at top speed. For the healthy progress of rental industry, the paper suggests to retain the existing division between financing lease and operating lease. In combination with Lease Draft, the paper puts forward suggestions in the recognition and measurement to ensure the development of rental business.