The core change of the new lease standard is to cancel the lessee's classification of financial lease and operating lease, that is, the lessee adopts a single measurement model, requiring the lessee to confirm the right to use assets and lease liabilities for all leases, and to confirm depreciation and interest expenses respectively. Exceptionally, for short-term leases (no more than 65,438+02 months, excluding the right to purchase assets) and low-value leases (brand-new assets with low value), you can choose to simplify the processing, that is, you can not confirm the right to use assets and lease liabilities.

The contents of the revision are mainly reflected in the following aspects:

(1) improved the definition of lease and added the contents of lease identification, division and merger.

(2) The lessee's accounting treatment is changed from dual mode to single mode.

(3) Improve the subsequent measurement of the lessee and increase the accounting treatment in case of option revaluation and lease change.

(4) Enrich the contents disclosed by the lessor and provide more useful information for the report users.

Is it a lease for the lessor to rent out the building?

If the lessor rents out the house, if almost all the risks and rewards related to its ownership have not been transferred, the transaction shall be subject to the investment real estate standards (also known as the "proximity principle", that is, the relevant specific standards shall apply if such transactions are clearly stipulated in the standards), and the house shall be classified as investment real estate (follow-up measurement shall be made according to the cost model, or follow-up measurement shall be made according to the fair value model when the conditions are met); At this time, the lessee obtains the right to use the building by paying the consideration, and confirms the right to use the assets and lease liabilities.

If the lessor rents the house, if almost all the risks and rewards related to ownership are transferred, the lessor will classify the transaction as a financial lease according to the lease criteria, stop recognizing the original assets, confirm the present value (net rental investment) of the financial lease receivable, and confirm the profit and loss in the income statement; At this time, the lessee obtains the right to use the building by paying the consideration, and confirms the right to use the assets and lease liabilities.

What is the relevant content of the new lease criteria change? The core change of the new lease criterion is to cancel the lessee's classification of financial lease and operating lease. As for other contents, Bian Xiao also arranged them for everyone in this article. Do you understand them? Thank you for reading. Let's meet again next time.