Rolling Stock Leasing: Accounting and Economic Security Issues

Alexey Popov, Lidiia Chernishova

2022

Abstract

The article solves the problems of disclosing the methodology of accounting for rental of rolling stock by the lessee and the lessor in accordance with the new federal accounting standard 25/2018 "Lease accounting", and also highlights the peculiarities of the impact of rental accounting objects on the indicators of economic security of enterprises. The issues of recognition of lease accounting items depend on the classification of leases, which is given in this article with the allocation of key features of operational and non-operational (financial) leases. The general principles of lease accounting have been adapted to the specifics of rolling stock operations. The principles of formation of rolling stock rental accounting objects are highlighted: rights to use wagons and containers, lease obligations, rental investments and interest income and expenses. For each object, the rules of initial and subsequent evaluation, recognition and write-off are given. The subject of accounting issues and further directions of scientific research is developed in terms of developing methodological tools for the application of this FSB: making changes to the Chart of Accounts, updating accounting forms. The ways of the influence of asset use rights, lease obligations, lease investments and interest income and expenses generated in the reporting on financial indicators of economic security of organizations: liquidity, profitability, financial stability with the formulation of proposals for leveling threats of insolvency and deterioration of financial condition are formulated.

Paper Citation

in Harvard Style

Popov A. and Chernishova L. (2022). Rolling Stock Leasing: Accounting and Economic Security Issues. In Proceedings of the 1st International Scientific and Practical Conference on Transport: Logistics, Construction, Maintenance, Management - Volume 1: TLC2M; ISBN 978-989-758-606-4, SciTePress, pages 175-180. DOI: 10.5220/0011581200003527

in Bibtex Style

@conference{tlc2m22,
author={Alexey Popov and Lidiia Chernishova},
title={Rolling Stock Leasing: Accounting and Economic Security Issues},
booktitle={Proceedings of the 1st International Scientific and Practical Conference on Transport: Logistics, Construction, Maintenance, Management - Volume 1: TLC2M},
year={2022},
pages={175-180},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0011581200003527},
isbn={978-989-758-606-4},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 1st International Scientific and Practical Conference on Transport: Logistics, Construction, Maintenance, Management - Volume 1: TLC2M
TI - Rolling Stock Leasing: Accounting and Economic Security Issues
SN - 978-989-758-606-4
AU - Popov A.
AU - Chernishova L.
PY - 2022
SP - 175
EP - 180
DO - 10.5220/0011581200003527
PB - SciTePress