Status of Technical Bulletin No. 88-1

Issues Relating to Accounting for Leases:

  • Time Pattern of the Physical Use of the Property in an Operating Lease
  • Lease Incentives in an Operating Lease
  • Applicability of Leveraged Lease Accounting to Existing Assets of the Lessor
  • Money-Over-Money Lease Transactions
  • Wrap Lease Transactions

Status

Issued: December 1988

Effective Date:
For transactions entered into after December 31, 1988

 

Affects:
No other pronouncements

 

Affected by:
No other pronouncements

 

Issues Discussed by FASB Emerging Issues Task Force (EITF)

 

Affects:
Partially resolves EITF Issues No. 87-7 and 88-3

 

Interpreted by:
Paragraph 22 interpreted by EITF Issue No. 89-16

 

Related Issues:
No EITF Issues

 


Abbreviations for Accounting Pronouncements

FAS - FASB Statements
FIN - FASB Interpretations
FTB - FASB Technical Bulletins
APB - APB Opinions
AIN - AICPA Interpretations
ARB - Accounting Research Bulletins
CON - FASB Concepts
EITF - EITF Issues
Q&A - FASB Implementation Guides