Research On The Financial Influence Of New Leasing Accounting Standards On Airline

As an important financing channel,leasing plays a key role in the national economic development system.From the current development,the international community does not recognize the accounting treatment method of lease transactions corresponding to the original accounting standards.First of all,this paper analyzes the theoretical basis of leasing,and then selects the aviation industry as the research object to understand the general situation of aircraft leasing in the aviation industry,and then analyzes the specific impact of the adjustment of relevant standards on the performance development of aviation enterprises.This paper takes Eastern Airlines as a case study to analyze how the revision of the new leasing standards(referred to as "new CAS21")changes the accounting treatment,balance sheet,profit statement,cash flow statement and related financial indicators of the company,and then to analyze the related performance changes of the company.After the implementation of the new leasing standards,the ratio of assets to liabilities and property rights of Eastern Airlines has increased,the interest generated by leasing liabilities has increased financial costs,and also affected the airline’s ability to pay interest;the increase of the subject of right-to-use assets has affected the turnover rate of total assets,resulting in a decline in the efficiency of asset use and the company’s long-term solvency.The adjustment of CAS21 will also have some effect on the profit statement and cash flow statement of China Eastern Airlines.Under the condition that the cash flow of operating activities is effectively controlled,the cash flow of financing activities will also be improved in an all-round way.but its net amount is less affected.The cost of the profit statement is pre-charged due to the interest expense and depreciation of assets,which leads to the total amount.The corresponding decline in asset profit margin has weakened the profitability of the company.Finally,this paper puts forward feasible development suggestions for the actual effect of the new leasing standards on China Eastern Airlines;adjusts the aircraft introduction mode,makes reasonable leasing or purchase decisions based on the enterprise’s own situation,adjusts the company’s asset structure,reduces the impact of interest cost on the profitability of the enterprise as much as possible;optimizes the asset structure and liability scale of the airline effectively Maintain a reasonable asset liability ratio to reduce the financing difficulty of airlines.