Accounting treatment of assets amortization taken by means of financial leasing regime
Accounting treatment of assets amortization taken by means of financial leasing regime

Summary/Abstract: In conditions of fast technical progress, the financial leasing has become a necessary element so as to finance the investments, and towards a real economic growth. The financial leasing has generated within the lessee accountancy both exploitation expenses as regards the amortization afferent to the assets, as well as the financial expenses. The main objective of this paper consists in emphasizing the issues the amortization of the asset taken by financial leasing, in accordance to the international standards, specific to the leasing, tangible assets and depreciation of assets. An especial attention should be dedicated to the result, where changing the useful lifetime of the assets on financial leasing regime has effects over the truthful reflection of financial position and performances of a lessee. One might also outline that the time of asset utilization represents a factor, which has influenced the decision of refinancing by leasing.

• Details
• Contents