Research On The Influence Of The Change Of Leasing Standards On Logistics Enterprises

With the wave of rapid economic development in China,the domestic leasing business continues to usher in a new inflection point of development,and operating leasing has become the most popular way for most enterprises to introduce assets,but a large number of operating leases have also brought off-balance sheet financing problems.In order to effectively curb the occurrence of this type of phenomenon,the International Lease Accounting Standard No.16 promulgated by the International Accounting Standards Board(IASB)came into force on January 1,2019,and China’s Ministry of Finance also promulgated the domestic Lease Accounting Standard No.21 in 2018,and stipulated that it will be fully implemented from January 1,2021.Regarding the requirements of the new lease accounting standards,the international and domestic versions have no essential differences in the main content and core ideas,both of which have introduced the "right to use assets" model,and made clear provisions on the entry of operating leases into the table,the ownership of property rights in the lease business has been solved,and effectively blocked the way for enterprises to whitewash statements,thereby improving the quality of accounting information,but also having a significant impact on enterprises with a large number of leasing businesses.In the logistics industry,the acquisition of warehousing resources and transportation tools is closely linked to the leasing business,and the change of leasing standards is bound to have an impact on logistics companies.This article focuses on the main line of the new IFRS16 standard,starts from the perspective of the lessee,and explores the specific differences between the new and old standards based on the core content of the standard.Then,taking JD.com logistics,which is the first to apply the new standards as a case,the new accounting treatment method under the standards is adopted,the relevant annual report data of JD logistics is compared,the different impacts on the financial information level and the operation and management level are analyzed,and finally the countermeasures are proposed.The conclusions drawn after the study of this paper are as follows:(1)the new accounting treatment model made the assets and liabilities of JD Logistics increase in the same direction by a large margin,the sharp increase in interest on liabilities led to a trend of changes in profits showing a high before and after a high,and the key indicators to measure financial performance also showed different degrees of decline;(2)direct logistics enterprises were more affected,and the financial risks of JD Logistics were highlighted,and the company should actively optimize the operation and management model,broaden the way to introduce assets,and actively respond to changes from both financing channels and investment arrangements.(3)The implementation of the new leasing standard breaks the advantages of operating leasing,which plays a positive role in improving the authenticity and reliability of corporate financial information,but also brings many adverse effects to the operation of the enterprise,and the enthusiasm of the lessee for operating leasing has faded,so the enterprise should actively explore richer leasing methods,sort out and refine the content of the lease contract,build a leasing information platform,and take the initiative to communicate with the outside world to ensure a smooth transition.