Lessees’ Right-Of-Use Assets – Concepts, Requirements and Practices
Lessees’ Right-Of-Use Assets – Concepts, Requirements and Practices
Author(s): Slavi GenovSubject(s): Economy, National Economy
Published by: Институт за икономически изследвания при Българска академия на науките
Keywords: Conceptual Framework; lease; right-of-use asset; lease liability; presentation and disclosure of leases
Summary/Abstract: This work is dedicated to the definitions of control introduced by the Conceptual Framework for Financial Reporting which defines assets recognition based on the understanding that assets are an economic resource and as such a bundle of rights. The concept of assets recognition based on the relationship with the provisions of property law is analysed and on this basis, the reporting, presentation and disclosure of the right-of-use assets in the financial statements of Bulgarian companies for 2021 are studied.
Journal: Икономически изследвания
- Issue Year: 2023
- Issue No: 8
- Page Range: 123-141
- Page Count: 19
- Language: English