CCH Accounting for Leases 2006 Author:Jeffrey Ellis, Accounting Research Manager Group CCH Accounting for Leases cuts through the complexity of terms to define real estate contracts, power purchase contracts and leases between related parties. It addresses issues that help both leasors and leasees determine the best accounting practices, including a special section on sales-leaseback transactions, leveraged leases, reporting for s... more »ubleases and facility management.
This book also analyzes Statement of Financial Accounting Standards No. 13, Accounting for Leases, which was released in November 1976, and the numerous successive Interpretations, Technical Bulletins, and Emerging Issue Task Force consensus issues that have been issued since then. This publication delves into the complex nature of the criteria set through defining a lease and determining whether it should be accounted for as a sale/purchase or as an operating lease. CCH Accounting for Leases also includes various interpretations and commentary related to investment tax credits (ITC) in the event ITC is reinstated in the future« less