LEASES - updated 8/25/08
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Related Articles and Web Sites:
- Alex T. Arcady, A.T, Herdman, R.K., Strianese, M.T., Fewer Transactions Will Qualify As Sale-Leasebacks Under The New Statement. Journal of Accountancy (June, 1989 6-89 J.A. 101) [Real estate sale-leasebacks under FASB 98]
- Day, Kathleen. Enron Inspires Accounting ChangesOutside Partners Must Put Up More Money. Washington Post, February 28, 2002; Page E01
- DiCarlo, Lisa. IBM's New Lease on PC Life, PC Week (April 21, 1997)
- Dieter, Richard. Is Lessee Accounting Working? The CPA Journal, (August 1979, pp. 13-15, 17-19)
- Author, Sierra Will Lease 13 Jetstream Super 31s, Flight International (May 24, 1995)
- Kane,Frank, How B&C's Pounds 2bn Was Blown Away, Times Newspapers Limited, Sunday Times (July 24, 1994,SECTION: Business)
- Lardear, Jim. IBM Offers Below-Prime Lease Rates, Cardinal Business Media Inc. MIDRANGE Systems(Vol. 7 ; No. 23 ; Pg. 10 (Dec. 16, 1997)
- McConville, Daniel J., Leasing Leaps Forward as Favored Financing Tool, Corporate Cashflow Magazine (January, 1996, Vol.17; No.1; Pg.40)
- Muto, Sheila, Firms Use Synthetic Leases Despite Widespread Criticism. The Wall Street Journal, February 20, 2002
- Purcell, Bill, Financing Your Machine Tool Purchase, Tooling & Production (August, 1996, Vol. 62 ; No. 5 ; Pg. 35)
Lease (excel) Lease example with (without) guaranteed residual, insurance, lessors discount rate known (unknown)
Find the footnote in which the companies linked below discuss the various issues covered in your text and class. Compare the different methods described and try to relate them to the concepts and principles as described in the conceptual framework and in the text book.
Practice Quizzes: Quiz 1 | Quiz 2 | Quiz 3
Note: these are old and may be outdated. Go to Stice for more up to date quizzes
The REAL quiz (for points) is on webCT
Contact Information
Email: heidemarie.lundblad@csun.edu - Notice: I do not read or answer email from unidentified sources.
Department of Accounting Office: Juniper Hall JH3123
Department Telephone Number: (818) 677-2461