IDEAS home Printed from https://ideas.repec.org/h/spr/eurchp/978-3-319-46319-3_37.html
   My bibliography  Save this book chapter

An Integrated Financial and Accounting Approach to Outstanding Debt Assessment for Lease Agreement

In: Country Experiences in Economic Development, Management and Entrepreneurship

Author

Listed:
  • Alessandro Migliavacca

    (University of Torino)

  • Luigi Puddu

    (University of Torino)

  • Luisa Tibiletti

    (University of Torino)

  • Mariacristina Uberti

    (University of Torino)

Abstract

During the lifetime of lease agreements, in case of lack of a specific legislative or statutory regulation, some problems can arise in their evaluation. In some circumstances, the assessments can be inferred by analogy, using similar regulated contract; however, disputes that are at the boundary between law and financial calculation can spring up when coming to assessment of such agreements. One of the most debated and interesting events involves the evaluation of the outstanding debt at a given epoch during the contract lifetime in the Italian legislative framework. Referring to an existing model which proposes to split the debt into three components (outstanding debt, damages and penalty); we have recently highlighted how this proposed decomposition settlement provides a simple and transparent procedure that is compatible with both financial and accounting perspective. In this paper, we extend the previous results and we show how the calculation and assessment of the components of the debt are relevant from two points of view: the owed in the course of a lawsuit; the financial accounting and reporting according to some accounting methodologies (In-balance-sheet, such as IFRS, and off-balance-sheet, such as Italian GAAP).

Suggested Citation

  • Alessandro Migliavacca & Luigi Puddu & Luisa Tibiletti & Mariacristina Uberti, 2017. "An Integrated Financial and Accounting Approach to Outstanding Debt Assessment for Lease Agreement," Eurasian Studies in Business and Economics, in: Mehmet Huseyin Bilgin & Hakan Danis & Ender Demir & Ugur Can (ed.), Country Experiences in Economic Development, Management and Entrepreneurship, pages 609-618, Springer.
    • Handle: RePEc:spr:eurchp:978-3-319-46319-3_37
    DOI: 10.1007/978-3-319-46319-3_37
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:eurchp:978-3-319-46319-3_37. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.