Accounting for Lease Transactions by Manufacturer or Dealer Lessors
CONTENTS Paragraph
Numbers
Introduction 1
Discussion 2—3
Opinion 4-17
Two-party Lease Transactions 4-9
Leases equivalent to sales 4—6
Operating leases 7-9
Participation by Third Parties 10-14
Leases equivalent to sales 11
Operating leases 12-14
Transactions with Related Companies 15-17
Leases equivalent to sales 15
Operating leases 16-17
Effective Date 18
Issued by the Accounting Principles Board of the American Institute of Certified Public Accountants
COPYRIGHT 1972 BY THE AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS, INC. 666 FIFTH AVENUE, NEW YORK, NEW YORK 10019
OPINIONS OF THE ACCOUNTING PRINCIPLES BOARD
NOVEMBER 1972
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