This thesis concentrates on specific situations arising in the application of IFRS 16, which particular emphasis on foreign currency leases. In the first part of the thesis, theoretical background is discussed, drawing directly from the text of the standards, , in the second chapter the accounting and mathematical procedures used for these issues are described and in the third chapter this information is consolidated and used in a practical example of a foreign currency lease with hedging. It sh... show full abstractThis thesis concentrates on specific situations arising in the application of IFRS 16, which particular emphasis on foreign currency leases. In the first part of the thesis, theoretical background is discussed, drawing directly from the text of the standards, , in the second chapter the accounting and mathematical procedures used for these issues are described and in the third chapter this information is consolidated and used in a practical example of a foreign currency lease with hedging. It shows the accounting and reporting of the lease including variable lease payments (indexation), modifications and hedging with financial derivatives (forwards). The result is a comprehensive illustrative approach that can be used to better understand the application of IFRS 16 in more complex circumstances. |