Topical issues of disclosure of information on lease obligations in the reporting of russian companies
Abstract
Currently, accounting for lease liabilities in Russia is regulated by the provisions of FSBU 25/2018 “Accounting for Leases”, as well as IFRS 16 “Leases”. FSBU 25/2018 “Lease Accounting” was developed on the basis of the international standard of the same name, which indicates the high relevance of ensuring the continuation of the process of introducing modern international methods into domestic accounting practice. Ultimately, this will make the accounting statements of Russian companies better and more reliable from the point of view of interested users, primarily investors and creditors. The authors emphasize that FSBU 25/2018 is more focused on observing the principle of priority of content over form. Consequently, the principle of property isolation, regulated as part of the assumptions in Russian regulatory documents, currently has less and less influence in the formation of financial statements. The article examines the features of the formation of data on obligations in the light of the reflection in the financial statements of Russian companies of information in accordance with FSBU 25/2018 “Accounting for leases”. A comparative description of the disclosure of data on the application of this standard in the reporting of listed Russian organizations was also carried out.
About the Authors
V. S. Glonina
Kazan (Volga Region) Federal University
Russian Federation
Russian Federation
Master Student
E. Yu. Vetoshkina
Kazan (Volga Region) Federal University
Russian Federation
Russian Federation
PhD in Economics, Associate Professor
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Review
For citations:
Glonina V.S., Vetoshkina E.Yu. Topical issues of disclosure of information on lease obligations in the reporting of russian companies. Kazan economic vestnik. 2023;(3):55-59. (In Russ.)
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