Sie befinden Sich nicht im Netzwerk der Universität Paderborn. Der Zugriff auf elektronische Ressourcen ist gegebenenfalls nur via VPN oder Shibboleth (DFN-AAI) möglich. mehr Informationen...
Journal of accountancy, 1989-06, Vol.167 (6), p.101
Ort / Verlag
New York: American Institute of CPA's
Erscheinungsjahr
1989
Quelle
EBSCOhost Business Source Ultimate
Beschreibungen/Notizen
Under Financial Accounting Standards Board (FASB) Statement 98, fewer real estate transactions will qualify for sale-leaseback reporting. The new rules impose restrictive tests for recognizing sales, and they lengthen lease terms. This is expected to result in more capital leases. Statement 98 was issued to eliminate inconsistencies between reporting under Statement 13 and Statement 66. If a sale-leaseback transaction can be reported as a sale under Statement 98, it is reported as such regardless of whether the concurrent leaseback meets Statement 13's criteria for capital lease reporting or its operating lease requirements. The new statement applies to all real estate sale-leaseback transactions - even those involving the leaseback of only a portion of the real estate. It also applies to the sale of an interest in a real estate partnership that is accompanied by a concurrent leaseback of some or all of the underlying real estate.