Accounting model for determining the amount of the estimated liability for agricultural leasing participants

The existing system of participants in leasing relationships in terms of debt formation is unacceptable, as it completely contradicts the strategy of development of agriculture in Russia. The assessment of additional costs should certainly be considered as a risk management tool. Thus, if a deliberately unprofitable agricultural leasing agreement is defined, risks will arise both for the lessee in terms of a lack of liquidity to pay lease payments and for the lessor in terms of the risks of losing the collateral and increasing the risks of nonpayment. Such obligations must be formed in the supplier’s accounting records, which affects not only the organization’s operational stability, but also its financial stability. The article suggests a fundamentally new approach to the formation of universally applicable information data on estimated obligations of participants in agricultural leasing agreements. Proposals for the practical application of organizational and methodological aspects of accounting based on the modernization of the settlement system the amounts of reserves, estimated reserves, and estimated liabilities are substantiated. Practical implementation of the research results by managers and accountants can greatly contribute to forecasting and minimizing risks for participants in leasing agreements.