Abstract
The present case study looks at the importance of the CM Model against the background of a bilateral treatment of leasing and rental contracts in combination with so-called covenant agreements that usually and most often constitute a part of company financing. It illustrates the importance of a comprehensive knowledge of the effects of contracts on the areas of accounting and financing and demonstrates the contract’s considerable controlling effects on the overall decision-making process in terms of the CM Model. The case study further highlights which organizational rules are important in order to obtain this knowledge and, based on this knowledge, how to make the best decisions on the management level while taking the company objectives under consideration.
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References
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Appendices
Appendices
1.1 Comparison of Leasing Concepts
1.2 Differences IFRS and US-GAAP on ‘Leases’
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Ulrich, M. (2020). The Leasing Case—Contract Impact on Accounting and Financing Objectives. In: Schuhmann, R., Eichhorn, B. (eds) Contractual Management. Springer Vieweg, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-58482-8_9
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DOI: https://doi.org/10.1007/978-3-662-58482-8_9
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