A Study On The Financial Influence Of New Lease Criteria On Lessee Enterprises

How to effectively allocate resources and finance through leasing has always been a problem that needs to be studied and discussed.In order to adapt to the new development needs,China’s Ministry of Finance issued new Accounting Standards for corporate leasing in December2018,and will be fully implemented in 2021,which will have a significant impact on the retail,aviation,transportation and leasing and business services.The research of this thesis mainly lies in: Firstly,It systematically expounds the main changes of the new lease standards,and focuses on the analysis of the changes and impacts of the accounting treatment of the lessee enterprises under the new and old standards.Second,with China world tourism group co.,LTD.(hereinafter referred to as "exempt share")as the research object,combined with theoretical research and case analysis method,are analyzed in detail by means of the criterion of new lease,exempt shares of financial statements and financial indicators and financial risk,comprehensive analysis of the new lease criterion for renting the financial impact of the enterprise.Thirdly,relevant countermeasures are put forward based on the situation of China Exempted Shares,so as to provide reference for enterprises to realize smooth transition under the new criteria.The conclusions of this thesis are as follows: the new lease criteria will increase the assets and liabilities of China Exempted shares and change the balance sheet structure;The subsequent depreciation and interest expense of leasing liability will have a negative impact on the enterprise income statement.After the adoption of the new lease criteria,the financial data and financial indicators of China Rensheng Stock deteriorated,financial risks increased,and related economic decisions were also affected.Although the new lease standards can more truly reflect the operating conditions of enterprises,increase the comparability of financial statements,but broaden financing channels,strengthen risk control and other ways to reduce the negative impact of the new standards.Due to the timeliness of the reform of accounting standards,the current research on the new lease standards has not been in-depth,so this thesis analyzes the expected impact of the new lease standards through case analysis of relevant enterprises,and puts forward countermeasures,which has certain application value.