Impact of International Financial Reporting Standards 16 -Leases on China Unicom

DOI

10.2991/978-94-6463-506-5_46How to use a DOI?

Keywords

IFRS 16 Leases Standard; Financial Indicators; impact studies

Abstract

his paper compares IFRS 16 Leases Standard with IAS 17 Leases, analyses the main problems of IAS 17 Leases and the main changes of IFRS 16 Leases Standard, as well as the impact on the enterprises after the implementation of IFRS 16 Leases Standard, takes China Unicom, which accounts for a large amount of leasing, as an example, and analyses the impact on the company from 3 angles, and comes to the conclusion that the implementation of IFRS 16 Leases Standard leads to the increase of assets and liabilities of the company in the balance sheet, and the liquidity of assets is reduced, and the profit is diminished and finally puts forward corresponding improvement suggestions for these impacts from 3 aspects.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Yimeng Sun
PY  - 2024
DA  - 2024/09/02
TI  - Impact of International Financial Reporting Standards 16 -Leases on China Unicom
BT  - Proceedings of the 2024 4th International Conference on Enterprise Management and Economic Development (ICEMED 2024)
PB  - Atlantis Press
SP  - 424
EP  - 430
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-506-5_46
DO  - 10.2991/978-94-6463-506-5_46
ID  - Sun2024
ER  -