X hits on this document

Powerpoint document

A Standard Setting Perspective on Current Issues Facing the Accounting Profession - page 16 / 29

61 views

0 shares

0 downloads

0 comments

16 / 29

16

Voting interest does not convey control

Structures like the Entity are used for many commercial purposes

Securitizing assets

Entity receives assets from one or more Transferors and issues debt to investors

Leasing

Entity holds the leased asset.  An operating entity leases the asset and may provide a residual value guarantee.

Performing research and development or start-up activities

While financial services firms use these structures extensively, they are also used by other firms

Examples:  Ford, Kimberly-Clark, Boeing, Lucent

Document info
Document views61
Page views61
Page last viewedFri Oct 28 16:19:49 UTC 2016
Pages29
Paragraphs508
Words2564

Comments