Eitf reporting implications for reporting

Assignment Help Accounting Basics

Reference no: EM1363950

Assess how a company's accounting and financial reporting is likely to be impacted by the work being done by the EITF on this issue.

When carrying real estate investments at fair value, the issues are how an entity should report net investment income and how real estate properties that are owned directly (fee simple) by the entity should be reported.

How will this affe ct reporting?

Reference no: EM1363950

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