Klasyfikacja umowy leasingowej w polskim i niemieckim prawie bilansowym
Classification of the leasing agreement according to Polish and German generally accepted accounting principals

Summary/Abstract: Leasing is one of the most common forms of financing the purchase of fixed assets used in enterprises. For groups of companies operating in both countries, Poland and Germany, balance sheet classification of individual lease agreements is particularly important, especially if the company belongs to the SME segment and is not obliged to use International Accounting Standards (IAS). In this article, in addition to the present legal basis for classifying lease agreements in Poland and Germany on the basis of local GAAP, based on a model there is presented a different classification of the same lease agreement in the framework of the local GAAP of each of the two countries. The aim of the article is to point out the differences in the local approach to leasing transactions, and the consequences of such a reclassification carried out mostly on the needs of the group of companies on the final shape of the financial statements for local purposes and the objectives of the group

• Details
• Contents