New concepts of accounting of the rent relations: FSBU 25/2018 «Rent accounting»

Abstract

In the conditions of integration of national standards of accounting into International Financial Reporting Standards objective need of reforming of the Russian rules of conducting accounting appears. In this regard the project «The federal standard of accounting 25/2018 «Rent accounting» which is subject of the analysis of this article was developed. Besides, the author considered the main features and innovations of this Standard both from the lessor, and from the tenant and also estimated results concerning application of the new standard are formulated.

Keywords

• lease agreement
• federal standard
• accounting
• property
• tenant
• lessor
• international financial reporting standards