In this study, how to account for the leasing transactions within the scope of TAS 17 & IFRS 16 and the effects on the balance sheet have been examined and the issue has been endeavored to be evaluated considering the aviation sector.
📌 3 Maddede Bu Makale
🎯
Amaç & Hipotez:According to TAS 17 "Leasing", assets and liabilities subject to financial leasing agreement are indicated in the balance sheet whereas assets and liabilities arising from operational leasing contracts are excluded from the balance sheet.
📊
Temel Bulgular & Veri:IFRS 16 "Leases", issued by the IASB in January 2016 and effective from 2019, has resulted in the termination of this separation and it provides the amounts arising from operational lease contracts, accounted for as an asset and liability in the balance sheet as well.
💡
Sonuç & Katkı:In this study, how to account for the leasing transactions within the scope of TAS 17 & IFRS 16 and the effects on the balance sheet have been examined and the issue has been endeavored to be evaluated considering the aviation sector.
According to TAS 17 "Leasing", assets and liabilities subject to financial leasing agreement are indicated in the balance sheet whereas assets and liabilities arising from operational leasing contracts are excluded from the balance sheet. IFRS 16 "Leases", issued by the IASB in January 2016 and effective from 2019, has resulted in the termination of this separation and it provides the amounts arising from operational lease contracts, accounted for as an asset and liability in the balance sheet as well. In this study, how to account for the leasing transactions within the scope of TAS 17 & IFRS 16 and the effects on the balance sheet have been examined and the issue has been endeavored to be evaluated considering the aviation sector.
DEMİR, Z., BAS, E. (2017). THE EFFECT OF TAS 17 “LEASING” STANDARD AND IMPLEMENTATION OF THE NEW IFRS 16 “LEASES” STANDARD ON THE AIRLINE COMPANIES. PressAcademia Procedia, Cilt: 3 - Sayı: 1, 153–173. https://ajindex.com/articles/842359
Branswijck, D. - Longueville, S.-.Everaert, P. (2011),” The Fınancıal Impact Of The Proposed Amendments To Ias 17: Evıdence From Belgıum And The Netherlands”, Accounting And Management Information Systems, Vol. 10, No. 2, p.275-295
Collins, D. L.- Pasewark, W. R., - Riley, M. E., (2012), “Financial Reporting Outcomes under Rules- Based and Principles-Based Accounting Standards”, Accounting Horizons, American Accounting Association, p.681-705.
Crisan, C. - Breban, L. - Mates, D. - Rosu, A. (2008), “Leases In The Fınancıal Statements Of Lessors”, Annals of the University of Oradea, Economic Science Series., Vol. 17 Issue 3, p.1099-1101.
Fabozzi J F., Polimeni R., Peterson Drake, (2008).; Complete CFO Handbook: From Accounting to Accountability, Wiley Publications, s. 531. Gönen S., Akça N., (2014), Finansal Kiralama İşlemlerinin TMS-17 Kiralama İşlemleri Standardı ve Vergi Usul Kanunu Açısından Muhasebeleştirilmesi, Muhasebe ve Finansman Dergisi Ekim/ 2014, ss.71-94.
Hepp, J.- Gupta R. (2010), “Preparıng For The New Lease Accountıng”, Financial Executive, Volume. 26, Issue. 8, p.49-54. Kamuyu Aydınlatma Platformu, https://www.kap.org.tr/, Erişim Tarihi: 08.05.2017.
LYON, J., (2012), “Accounting for leases: telling it how it is”, Journal of Property Investment & Finance Vol. 28 No. p. 330. Özbirecikli M. (2002), “Finansal Kiralama İşlemlerinin Muhasebeleştirilmesi ve U.M.S 17 Açısından Değerlendirilmesi”, Vergi Sorunları Dergisi, S: 163, Nisan, s.115–116.
Özerhan Y, Yanik S. (2012), ”Türkiye Muhasebe Standartları, Türkiye Finansal Raporlama Standartları”, Türmob Yayınları, Ankara, s. 404. Öztaş S., (2010), Finansal Kiralama İşlemleri ve Muhasebeleştirilmesi, Sakarya Üniversitesi, Sosyal Bilimler Enstitüsü,Yüksek Lisans Tezi, ss. 58-65. Schmi