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Purpose: This article aimed to analyze the effects of CPC 06 (R2) - Leases adoption on the rents line of the Value-Added Statement (VAS) and on the percentage of value-added distributed as rents. Methodology: The approach of this paper is quantitative, and the data collection method is documental. The sample is composed by merchants listed on B3. Analysis of variations and Wilcoxon signed-rank test were applied on the VAS rent line and on the percentage of valueadded distributed as rents of these companies in the three-year period after (2019-2021) and before (2016-2018) the CPC 06 (R2) adoption. Results: It was identified that, after the CPC 06 (R2) adoption, there was a significant reduction in the values of the VAS rent line and in the percentage of value-added distributed as rents of the sample companies. This occurred because companies have been allocating payments of the same economic nature (compensation to third parties for the use of their capital) in three different lines in the VAS, namely rent, depreciation and interest. The Wilcoxon signed-rank test indicated statistically significant differences in the average value of the VAS rents line and in the average percentage of value-added distributed as rents in the three-year period after the implementation of CPC 06 (R2) compared to the previous three-year period. Contributions of the Study: The paper contributes to the literature about leases and VAS, being pioneer in the analysis of the effects of leases on this statement after the CPC 06 (R2) adoption. It also helps users of accounting information to understand the effects of leases on the VAS and properly interpret the lines affected by CPC 06 (R2). Finally, it contributes to regulatory authorities, because indicates a potential need to revise the VAS standard. [ABSTRACT FROM AUTHOR]

Purpose: This article aimed to analyze the effects of CPC 06 (R2) - Leases adoption on the rents line of the Value-Added Statement (VAS) and on the percentage of value-added distributed as rents. Methodology: The approach of this paper is quantitative, and the data collection method is documental. The sample is composed by merchants listed on B3. Analysis of variations and Wilcoxon signed-rank test were applied on the VAS rent line and on the percentage of valueadded distributed as rents of these companies in the three-year period after (2019-2021) and before (2016-2018) the CPC 06 (R2) adoption. Results: It was identified that, after the CPC 06 (R2) adoption, there was a significant reduction in the values of the VAS rent line and in the percentage of value-added distributed as rents of the sample companies. This occurred because companies have been allocating payments of the same economic nature (compensation to third parties for the use of their capital) in three different lines in the VAS, namely rent, depreciation and interest. The Wilcoxon signed-rank test indicated statistically significant differences in the average value of the VAS rents line and in the average percentage of value-added distributed as rents in the three-year period after the implementation of CPC 06 (R2) compared to the previous three-year period. Contributions of the Study: The paper contributes to the literature about leases and VAS, being pioneer in the analysis of the effects of leases on this statement after the CPC 06 (R2) adoption. It also helps users of accounting information to understand the effects of leases on the VAS and properly interpret the lines affected by CPC 06 (R2). Finally, it contributes to regulatory authorities, because indicates a potential need to revise the VAS standard. [ABSTRACT FROM AUTHOR]

The purpose of this study is to analyse the application and impacts of International Financial Reporting Standard 16 on Leases, evaluating the financial statements of seven Chilean transport and logistics companies. It is empirical research with a descriptive approach among companies listed on the Chilean stock exchange. It was found that the most affected companies are RedBus Urbano S.A., LATAM S.A. and Correos de Chile, due to the high recognition of operating lease assets and liabilities. Companies belonging to this industry that use a high level of operating leases to finance their operations are exposed to the requirements of IFRS 16 and consequently to changes in their financial statements and financial metrics. [ABSTRACT FROM AUTHOR]

Over the last months, the Spanish Constitutional Court has issued four decisions in which it ruled out various regulations passed by the Autonomous Region of Catalonia on housing, declaring some of them to be contrary to the Constitution. In its review, the Court systematises and establishes the most relevant jurisprudence in relation to the distribution of State-Autonomous Regions competences in the area of housing, as well as the limits of the Regions to regulate certain aspects of that by means of decree-law. [ABSTRACT FROM AUTHOR]

This study seeks to identify the effects introduced by the new financial lease accounting standard - IFRS 16 in Brazilian companies from different sectors, with a predominance of agribusiness and natural resources. The study bases its analysis on the 2017 Financial Statements. Although an increase in the financial leverage of the companies after adopting the new standard is expected, such a fact does not necessarily define a deterioration in the credit ratings nor an increase in the companies' cost of capital. This effect can be explained since the condition of companies' cash generation is not modified exclusively by adopting the new standard. In addition, adopting the new accounting standard reduced companies' net income in the first years after adoption. [ABSTRACT FROM AUTHOR]

Today's world is moving from a Legislative State to a Constitutional State on the one hand, and from a Welfare State, which had originally substituted the Liberal State, to a Subsidy State on the other hand. This causes particular concern over the common good and the efficiency of state actions, generating a change in the duties of the State and their attainment, and is evidencing a public-private relationship different from the one in the past. This change in public-private relationships is perceived in the different privatization types, both negotiable and institutional ones, as well as in the liberalization. The first two do not show any material changes; they are rather accidental or of a certain quantitative emphasis. The most important changes occur in the liberalization and especially in the place the State and society have taken when facing the fulfillment of the duties of the State, from the human rights point of view. [ABSTRACT FROM AUTHOR]