Research On The Impact Of The Implementation Of New Leasing Accounting Standards On Aviation Enterprises

China’s new lease guidelines came into being on December 7,2018.In order to steadily promote the implementation of the guidelines,a step-by-step implementation strategy is adopted.It stipulates that enterprises listed in China and abroad shall be implemented from January 1,2019,while others shall be implemented from January 1,2021.Among the listed companies of China’s aviation enterprises,Air China,China southern airlines and China Eastern airlines are listed at home and abroad and will implement the new leasing standards from January 1,2019.Taking China’s three major airlines as an example,the core question of this paper is: what impact will the implementation of the new leasing standards have on the aviation enterprises? Based on the analysis of its impact and the actual implementation of the new lease criteria,the author deduces the aspects of the new lease criteria that need to be improved and how enterprises can better implement the new lease criteria.At present,there are few literatures to study the impact on enterprises after the implementation of the new leasing standards.In the existing researches,only the predicted value of the data of financial statements under the new leasing standards is calculated in accordance with the requirements of the new leasing standards.The research conclusion obtained by analyzing the impact of the predicted value does not have sufficient objectivity.The innovation of this paper is that it takes all aviation enterprises that have implemented the new leasing standards since January 1,2019 as samples to conduct research,and fully discusses the actual impact of the new leasing standards on aviation enterprises.The research conclusion obtained is convincing enough.This paper will first understand the problem through the main changes of the new lease standards and literature review,focusing on the analysis of the old and new lease standards on the lessee enterprise accounting treatment differences.Secondly,the paper summarizes the background and reasons of the case selection,and introduces the analysis of the operation,finance and leasing of the three major airlines in China.Then,the impact of the implementation of the new lease standards on the financial statements,financial performance and economic behavior of the three major airlines is elaborated.Finally,based on the impact analysis and the actual situation of the implementation of the new leasing standards in aviation enterprises,this paper puts forward some effective Suggestions for the improvement of the leasing standards and the sustainable development of the enterprises.The research conclusion of this paper is as follows :(1)the implementation of the new leasing standards makes the financial statements objectively reflect the financial status and leasing business of enterprises.(2)the implementation of the new leasing standards has brought about adverse changes in the financial performance indicators of aviation enterprises.(3)the implementation of the new leasing standards makes airlines adjust their economic behaviors to a certain extent.(4)aviation enterprises do not have standard disclosure of the items stipulated in the new leasing standards,and they adopt different ways to deal with the change of the standards.(5)the relevant provisions of the new lease standards still need to be improved,and the enterprises still need to take effective measures.The future implementation and development of the standards still have a long way to go.Research value and practical significance of this article is: through the lease accounting standards related theories and literature research,clarify the inner logic and business nature,operating lease business in list processing improves the enterprise financial report of the quality of accounting information,for our country the development of the financial accounting conceptual framework and accounting standards for enterprises have certain theoretical significance.In addition,in China’s big three airlines,for example,studies the impact of new lease criterion for aviation enterprise has strong timeliness and practical,leasing criterion for specific questions about perfect and constructive Suggestions of sustainable development,and enterprises to other enterprises realize smooth transition of new lease criterion has certain reference significance.