Research On The Impact Of New International Leasing Accounting Standards On Accounting Treatment And Financial Performance Of China Eastern Airlines

Leasing as one of the important ways of enterprise in modern financing,the impact on the economy is becoming more and more big,and lease accounting criterion with the continuous development of leasing business to regulate the leasing business,the enterprise can make use of the current off-balance-sheet financing lease criterion,although on the surface,reduce the management cost and the financial risk of the enterprise,but caused a reflection of enterprise financial situation can’t be true,great impact on the enterprise accounting information quality requirements,but also to the accounting statement users get in the way of business decisions,after many discussions and modification,the latest edition of the international lease accounting standards,by introducing the model of the right to the use,Measures such as canceling the lessee’s operating leasing mode and letting the leasing business into the core of the table effectively avoid the phenomenon of off-balance sheet financing and promote the healthy development of the leasing industry.This paper mainly adopts the model of case study,based on the theoretical basis of lease accounting,modern property rights and the economic consequences of accounting standards.First,focusing on the main line of the new international lease accounting standards,this paper compares and analyzes the major content changes of lessee in IFRS16 and CAS21 before and after the implementation of the new lease standards.Second due to the aviation industry in China is affected by leasing business is deeper,so to eastern airlines,one of the three major domestic airlines for the specific research object,this paper from the new international leasing criterion for eastern airlines as a tenant before and after the change in accounting treatment,and then into the financial statements and financial indicators such as financial index system changes impact on financial performance analysis,the result is obtained after the application of new lease criterion,eastern airlines will increase the assets andliabilities of the enterprise,greatly enhance the enterprise the cost,the financial index decline,will be harmful to the healthy development of the enterprise.In this paper,through the comparison of old and new standards fully reasonable change and further through the eastern airlines in the new guidelines after the implementation of quantitative and qualitative analysis,the Z-Score on the model,and the application of economic value added further proved that the implementation of new standards will bring adverse effect to the China Eastern airlines,and under the new rules will be to eastern airlines,the effects of organized put forward reasonable Suggestions to cope with the situation,effective help eastern airlines can be effective for transition,at the same time also hope you can help other enterprise leasing criterion in response to changes to provide certain reference value.