RESEARCH METHODOLOGY FOR LEASE FINANCING RECEIVABLES AN PAYABLES
Keywords:
financial lease, leasing efficiency, accounts receivable, accounts payable, profitability, turnover.Abstract
Financial lease analysis methods, presented in various sources, reveal only the efficiency of the use of the subject of lease. At the same time the available sources do not consider the analysis of debt, which also arises when concluding a leasing contract. In this regard, the article presents the methodological basis for the analysis of lease financing receivables and payables, which include: estimation of the share of debt in balance sheet total and estimation of the dynamics of its change; determination of debt profitability and turnover. The indicator of lease financing debt profitability is formed by the method of proportional-cost division of the degree of resources (capital) participation in profit-making, which makes it possible to determine the profitability of specific assets and their sources. It is suggested to accept the amount of leasing payments received by the lessor as turnover, when determining the period of turnover of accounts receivable. The amount of leasing payments paid by the lessee is suggested to be accepted as a turnover, when determining the period of turnover of accounts payable.References
Berdnikova L.F., Odarich V.V. [On the analysis of the effectiveness of the use of receivables and payables]. Karel’skiy nauchnyy zhurnal [Karelian Scientific Journal], 2016, no. 4(17), pp. 56–59. (in Russ.) 2. Dmitrieva I.N. [Leasing and credit: comparative analysis with reference to strategic analysis]. Finansovaya analitika: problemy i resheniya [Financial Analytics: Science and Experience], 2010, no. 10(34), pp. 29–40. (in Russ.) 3. Zaretskaya V.G. [Evaluation and analysis of accounts receivable and accounts payable taking into account the time factor]. Mezhdunarodnyy bukhgalterskiy uchet [International Accounting], 2014, no. 29, pp. 44–53. (in Russ.) 4. Kovalev V.V. Lizing: finansovye, uchetno-analiticheskie i pravovye aspekty [Leasing: financial, accounting, analytical and legal aspects]. Moscow, Prospekt Publ., 2011. 448 p. 5. Kravchenko Ye.N., Tazhibov T.G. [Analysis of accounts receivable and accounts payable for tax consulting purposes]. Biznes. Obrazovanie. Pravo [Business. Education. Law], 2013, no. 4(25), pp. 244–248. (in Russ.) 6. Naumenko T.S. [The main stages of a comprehensive analysis of accounts receivable]. Nauchnyy vestnik Yuzhnogo instituta menedzhmenta [Scientific Bulletin of the Southern Institute of Management], 2016, no. 3(15), pp. 50–54. (in Russ.) DOI: 10.31775/2305-3100-2016-3-50-54 7. Naumkina N.A. Uchet i analiz lizingovykh operatsiy v deyatel’nosti kommercheskikh organizatsiy – lizingopoluchateley [Accounting and analysis of leasing operations in the activities of commercial organizations – lessees. Abstract of Cand. econ. sci. diss.]. Samara, 2012. 26 p. 8. Panina I.V. Uchet i analiz lizingovykh operatsiy [Accounting and analysis of leasing operations]. Voronezh, 2005. 288 p. 9. Plastinina V.G. [Comparative analysis of accounts receivable and accounts payable]. Mezhdunarodnyy akademicheskiy vestnik [International Academic Journal], 2015, no. 3(9), pp. 68–71. (in Russ.) 10. Popov V.V., Kolbasina Ye.I. [Methodology of the Analysis of the Turnover of Receivables and Payables]. Universitetskiy kompleks kak regional’nyy tsentr obrazovaniya, nauki i kul’tury [University complex as a regional center for education, science and culture. Proc. of All-Russia sci.-method. conf.]. Orenburg, 2016, pp. 1536–1541. (in Russ.) 11. Lapusta M.G., Nikol’skiy P.S. Sovremennyy finansovo-kreditnyy slovar’ [Contemporary financial and credit dictionary]. Moscow, 2002. 567 p. 12. Tolkacheva Ye.G. [Analysis methods of accounts receivable of an organization]. Potrebitel’skaya kooperatsiya [Consumer Cooperation], 2011, no. 1(32), pp. 31–37. (in Russ.) 13. Chernenko A.F. Analiz pokazateley finansovogo polozheniya i finansovykh rezul’tatov predpriyatiya [Analysis of indicators of financial situation and financial results of an enterprise]. Chelyabinsk, 2006. 274 p. 14. Chernenko A.F., Basharina A.V. Analiz finansovoy otchetnosti [Analysis of financial statements]. Rostovon-Don: Feniks Publ., 2010. 285 p. 15. Chernenko A.F. [Problems of assessing profitability and a way of resolving them]. Izvestiya Chelyabinskogo nauchnogo tsentra UrO RAN [Bulletin of Chelyabinsk Scientific Center of the Ural Branch of the RAS], 2003, no. 1, pp. 115–119. (in Russ.) 16. Chernenko A.F., Dmitrieva I.N. Finansovyy menedzhment i audit lizingovykh operatsiy [Financial management and audit of leasing operations]. Chelyabinsk, 2011. 203 p.
Sheremet A.D., Nagashev Ye.V. Metodika finansovogo analiza deyatel’nosti kommercheskikh organizatsiy [Methods of financial analysis of commercial organizations]. Moscow, 2008. 208 p. 18. Voytolovskiy N.V., Kalinina A.P., Mazurova I.I. (Eds.) Ekonomicheskiy analiz. Osnovy teorii. Kompleksnyy analiz khozyaystvennoy deyatel’nosti organizatsii [Economic analysis. Fundamentals of the theory. Comprehensive analysis of the economic activities of the organization]. Moscow, 2008. 520 p. 19. Islam M.A., Islam M.R., Siddiqui M.H. Lease Financing of Bangladesh: a Descriptive Analysis. International Journal of Economics, finance and Management Sciences, 2014, no. 1(2), pp. 33–42. DOI: 10.11648/j.ijefm.20140201.15 20. Miroshnikova T. Formation of an Effective Mechanism of Financial and Credit Support Reproduction Process. Mediterranean Journal of Social Sciences, 2015, no. 5(6), pp. 84–92. DOI: 10.5901/mjss.2015.v6n5s3p84 21. Zaridis A.D. Comparative Analysis of Leasing’s Evaluation as a Method of Financing Investments in Greek Agribusiness Sector Before and During Greek Economic Crisis. Journal of Business and Economic Development, 2017, no. 2(2), pp. 79–86. DOI: 10.11648/j.jbed.20170202.12 22. Rynok lizinga: itogi 2017 goda i perspektivy razvitiya [Leasing Market: Results of 2017 and Development Prospects]. Available at: https://raexpert.ru/researches/leasing/2017/att1.
