Resumo

MILANESI, Gastón S.. El Método del Préstamo Equivalente y la Evaluación del Leasing. Escr. Contab. Adm. [online]. 2011, vol.2, n.2, pp. 67-85. ISSN 1853-2055.

This paper proposes a financial analysis of leasing, comparing the advantages between the equivalent-loan method and the direct method. Following the different classical methods are studied for determining the continuing value of the asset at the buy option. Finally, the effect of fiscal asymmetries in the contract value and the impact on the benefits profile of the lessor and lessee are showed.

Palavras-chave : Financial analysis; Leasing; Equivalent-loan method; Fiscal asymmetries.