| It should be carefully decided on how to further and better implement the leasing standards.After several rounds of consultation,International Accounting Standards Board and US Financial Accounting Standards Board finally reached a consensus and issued the latest IFRS 16 leasing in 2016.Later,the Ministry of Finance issued the notice on revising and Issuing the accounting standards for Business Enterprises No.21-leasing（CK [2018]No.35）in December 2018,which will be implemented in phases on January 1,2019.For the discussion and analysis of the content of the leasing standards,many international scholars hold the same views on some important contents.For example,some provisions in the original leasing standards do not conform to today’s financial conceptual framework,more and more off balance sheet financing phenomena leads to the serious decline of the quality of accounting information,which is not conducive to the realization of decision-making objectives.Taking s power grid enterprise as an example,the author compares the old and new leasing standards in a list according to the subject system and accounting method from the perspective of the lessee and the lessor,and explores the differences and changes.On this basis,based on the lease contract maintained by s power grid enterprise at the end of 2020,the author simulates and calculates the opening adjustment data and its impact on the future period,and compares and analyzes the impact of financial statements and index data,And the changes in financial indicators caused by the choice of discount rate,and finally put forward specific solutions,including the need for the power grid company to comprehensively do a good job in the standard switching and connection.The pressure caused by the changes in financial indicators requires the power grid company to readjust the decision-making mode and process of leasing business,and it is suggested that the leasing business can realize the whole process control by creating projects.The findings of this paper are: the implementation of the new standards does make the information disclosure more transparent for the report users and make decisions by using the report users.However,for the enterprises with a large number of leases,especially the power grid enterprises,in the initial stage of the use of the standards,the indicators such as profit,asset liability ratio and total asset turnover will face great pressure,affect the annual performance evaluation of enterprises,and the operation of the company will face great challenges,Therefore,it is necessary to comprehensively do a good job in the standard switching and connection.According to the particularity of the asset demand of power grid enterprises and the great advantages of group operation,it is necessary to make decision-making analysis on the leasing business and closely track and control the leased assets,so as to meet the needs of the company’s further development and turn this pressure into the driving force of enterprise efficiency.The innovations of this paper are as follows: first,it is close to the development of the times and has strong timeliness.The new leasing standards have been implemented since the beginning of 2019.According to relevant policies and regulations,most enterprises have conducted business processing in accordance with the new leasing standards in 2021.This paper focuses on the situation faced by enterprises after the full implementation of the new leasing standards in 2021,which has strong timeliness.Second,it has expansibility.Due to the phased implementation of the new standards,previous studies are mostly aimed at the aviation and retail companies that implement the standards,and there is little analysis and demonstration on the impact on power grid enterprises.The research goal of this paper is the power grid companies that fully implement the leasing standards,which relatively expands the research scope of the impact of the new leasing standards and has a certain application value. |
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