Transition to the Application of IFRS 15 and IFRS 16 as a Factor of Changes in the Financial Position of an Enterprise

Учёт. Анализ. Аудит

卷:0

IRINA А. Lisovskaya¹ 

[1] Russian Presidential Academy of National Economy and Public Administration;

关键词: мсфо;    финансовая отчетность;    выручка;    операционная аренда;    динамика прибыли;    ifrs;    financial statements;    revenue;    operating lease;    profit dynamics;   

DOI  :  10.26794/2408-9303-2017--4-27-35

来源: DOAJ

【 摘 要 】

For the external users financial statements of an enterprise are the most important source of information about its financial condition. Changes in market value, solvency and creditworthiness, profitability, financial stability, and a number of other criteria of the company’s development are estimated on the basis of the reporting ratios and indicators dynamics. In the near future IFRS 15 “Revenue under contracts with customers” and IFRS 16 “Leases” will be introduced. In this regard, the main purpose of the article is to identify the most important trends in changes of the financial situation of organizations reporting under IFRS resulting from the application of IFRS 15 and IFRS 16. The transition to IFRS 15 and IFRS 16, aimed at improving the quality and reliability of financial statements, is likely to lead to significant changes in the statement of financial position and the statement of comprehensive income of organizations that report under IFRS. After transition to IFRS 15, the organizations that recognize revenues under multicomponent contracts may face the need to recognize them in different periods - when the obligations to the buyer are met. The application of IFRS 16 to operating leases will result in change of the composition and the structure of the statement of financial position. Most of these changes will have a negative impact on the dynamics of operational efficiency indicators (such as EBIT, EBITDA, operating profit), as well as a number of financial ratios (liquidity ratios, financial stability, profitability, etc.). To prevent and level out the possible problems associated with the transition to the new standards, the organization’s management should: (a) identify the possible problems before applying the new standards; (b) analyze the existing contracts, form professional judgments regarding the timing, magnitude and other aspects of their recognition; (c) take into account the increase in volume of information to be disclosed and explain the “nature” of the negative dynamics of a number of financial indicators caused by the transition to IFRS 15 and IFRS 16 to the interested parties.

【 授权许可】

Unknown