Vilken typ av leasing, är investor pleasing?

Sammanfattning: Title: What kind of leasing is investor pleasing? Seminar date: January 14th, 2015 Course: Bachelor thesis in Business Administration Authors: Emma Björklund, Matilda Lodin and Robin Wallberg Dahlqvist Advisor: Peter W Jönsson Key words: Leasing, investor, qualitative characteristic, IAS 17, capitalization Purpose: To examine to what extent the new lease standard meets the five qualitative characteristics of the IFRS conceptual framework, from an investor perspective. Methodology: The paper is based on a inductive approach in which the collected material is analyzed with the help of existing theories. The material is produced from a qualitative study by using case followed by interviews of the respondents. Theoretical framework: The first theoretical chapter describes the usefulness of financial reports in decision making. Followed by the second chapter where the three classifications of the accounting information made by the American Accounting Association are discussed, focusing on the decision usefulness approach. Public interest theory describe the benefits of standards and IASB's conceptual framework presents the five qualitative characteristics that the study intended to deal with. The final theoretical chapter describes the three-part analysis model that will be used through the study. Empirical foundation: The empirical material consists of telephone interviews with investors and their solution to the cases. Conclusions: This study has shown the new lease standard, compared to the existing lease standard, will not increase the fulfillment of the five qualitative characteristics presented by IASB. The relevance will not increase since it is still the same type of information that is presented with or without the new standard, and that the investors can't make decisions based solely on the accounting information. Based on the fact that the investors makes similar decisions, regardless if the leasing is capitalized or not, the sustainability is not increased. Even though the annual reports will be easier to understand and be more transparent when the lease is capitalized, the comprehencability has not increased. The investors will, sooner or later, have to process the company's leasing information, hence the comparability is not increased. The respondents are concerned that the type of information that presents from the new standard doesn't belong in the balance sheet, which shows that the reliability is not increased.