Subject The article discusses the issues related to leaseback as a tool for replenishment of circulating assets and restructuring of corporate accounts receivable. Objectives The article aims to develop recommendations on formation of elements of the accounting policy, providing conditions of leaseback realization within the framework of the chosen concepts of its development. Methods For the study, we used the methods of retrospective and comparative analyses, synthesis, induction, and deduction. Results The article presents certain recommendations for adjustment and additions to the Russian PBU Lease Accounting, which are the accounting policy elements providing the conditions for the leaseback implementation. Conclusions and Relevance Formation of elements of accounting policy will help apply the concepts of leaseback development as a tool of management of corporate finance. The results of the research can be used as recommendations for the leasing legislation adjustment.
Fedulova E.A., Vakutin N.A. [Organizational and economic aspects of substantiating the development concept of sale and leaseback in the Russian Federation]. Natsional’nye interesy: prioritety i bezopasnost’ = National Interests: Priorities and Security, 2017, vol. 13, iss. 7, pp. 1320–1332. (In Russ.) URL: Link
Kovalev V.V., Kovalev Vit.V. [Conceptual bases of accounting: the logic of evolution]. Vestnik Sankt-Peterburgskogo gosudarstvennogo universiteta = Bulletin of St. Petersburg State University,2015, no. 4, pp. 117–152. (In Russ.)
Kovalev Vit.V.[The concept of reliability and impartiality in accounting: interpretation and application]. Vestnik Sankt-Peterburgskogo gosudarstvennogo universiteta = Bulletin of St. Petersburg State University,2012, no. 2, pp. 107–116. (In Russ.)
Fedulova E.A., Vakutin N.A. [Financial lease: features of accounting national and international standards]. Upravlencheskiy uchet: planirovanie, kontrolling, prognozirovanie, byudzhetirovanie = Management Accounting: Planning, Controlling, Forecasting, Budgeting,2017, no. 8, pp. 52–64. (In Russ.)
Barabanshchikova A.V., Kozhinova T.V. [Discounting of leases: the present and the future]. Mezhdunarodnyi nauchno-issledovatel'skii zhurnal = International Research Journal,2013, no. 8(15), pp. 15–16. (In Russ.)
Kiyaeva A.P., Kostina D.S. [Accounting of financial lease according to Russian and international standards]. Novaya nauka: strategii i vektory razvitiya, 2015, no. 6-1, pp. 127–131. (In Russ.)
Pazderova V.Yu., Ryabchenko A.V., Shmatova E.V. [Topical issues of accounting of leasing transactions in terms of IFRS]. Vestnik Adygeiskogo gosudarstvennogo universiteta = Bulletin of Adygeya State University, 2016, no. 1(175), pp. 76–81. URL: Link (In Russ.)
Tokareva E.V. [Technique of financial rent operations accounting at the lessor according to IFRS (IAS) 17]. Izvestiya Nizhnevolzhskogo agrouniversitetskogo kompleksa: nauka i vysshee professional'noe obrazovanie = Proceedings of Nizhnevolzskiy Agrouniversity Complex: Science and Higher Vocational Education, 2015, no. 3(39), pp. 255–260. URL: Link (In Russ.)
Yakimova V.A. [Transformation of financial statement assertions for purposes of audit in conditions of IFRS adaptation in Russia]. Finansy i biznes = Finance and Business,2013, no. 2, pp. 148–158. (In Russ.)
Vasilenko A.A. [Financial reporting assumptions within the audit theory and methodology]. Uchet i statistika = Accounting and Statistics, 2015, no. 2, pp. 23–30. URL: Link (In Russ.)
Fedosenko T.V. [Audit procedures: the essence, classification, and application technology]. Nauchno-teoreticheskiy zhurnal = Scientific and Theoretical Journal, 2011, no. 5, pp. 82–88. (In Russ.)
Satalkina E.V. [Peculiarities of professional judgment formation in the conditions of application of accounting principles]. Mezhdunarodnyiy buhgalterskiy uchet = International Accounting, 2014, no. 3, pp. 11–18. URL: Link (In Russ.)
Generalova N.V. [The predominance of the entity over the form]. Finansyi i biznes = Finance and Business, 2011, no. 3, pp. 170–184. (In Russ.)
Baboshko V.I. [Development of accounting and reporting principles]. Innovatsionnoe razvitie ekonomiki = Innovative Development of the Economy, 2011, no. 5, pp. 88–91. (In Russ.)
Nikitenko N.S. [Actual questions of application and research of possibility of use of accounting registration principles in tax accounting system]. Vektor nauki Tolyattinskogo gosudarstvennogo universiteta = Vector of Science of Togliatti State University, 2011, no. 3, pp. 202–207. (In Russ.)
Blinov O.A., Kovalenko E.V. [Problems of recording leasing operations in accordance with the international accounting practice]. Omskii nauchnyi vestnik = Omsk Scientific Bulletin, 2013, no. 2(116), pp. 64–66. URL: Link (In Russ.)
Semenov M.V. [On the choice of operator of leasing property]. Zhilishchno-kommunal'noe khozyaistvo: bukhgalterskii uchet i nalogooblozhenie = Housing and Communal Services: Accounting and Taxation, 2015, no. 8, pp. 38–44. (In Russ.)
Beattie V., Goodacre A., Thomson S.J. International Lease-Accounting Reform and Economic Consequences: The Views of U.K. Users and Preparers. The International Journal of Accounting, 2006, vol. 41, iss. 1, pp. 75–103. URL: Link
Hales J.W., Venkataraman S., Wilks T.J. Accounting for Lease Renewal Options: The Informational Effects of Unit of Account Choices. The Accounting Review, 2012, vol. 87, iss. 1, pp. 173–197. URL: Link
Weidner D.J. Synthetic Leases: Structured Finance, Financial Accounting and Tax Ownership. Journal of Corporation Law, 2000, vol. 25, pp. 445–487. Available at SSRN: Link or URL: Link
