Stagnation leasing market continues, but participants see new opportunities and perspectives in the policy of import substitution and is increasingly looking towards domestic producers.

This article discusses certain issues, the place and role of internal audit in the leasing companies.

The activities of many enterprises is impossible without special equipment, trucks and even cars. Spent on the purchase of transport and special equipment is necessary thoroughly. When companies do not have enough cash, a business owner may apply to the bank for obtaining car loan for business or try to find the right leasing company. The second option is chosen more and more often today as a more convenient and efficient.

The authors consider the method of accounting for finance lease transactions in accordance with Russian accounting standards and IFRS. In the comparative analysis of the basic differences in the methods of reflection lease transactions in both systems of accounting and reporting.

The activities of leasing companies must be in accordance with applicable law and take into account the diversity of the nuances of the methodology of accounting and taxation of leasing transactions.