The AICPA Accounting Standards Executive Committee (AcSEC) issued Statement of Position (SOP) 04-2, Accounting for Real Estate Time-Sharing Transactions, to address diversity in practice caused by a lack of guidance specific to real estate time-sharing transactions.

Journal of Accountancy › Vol. 199 Nbr. 1, January 2005

Position:: Accounting

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The AICPA Accounting Standards Executive Committee (AcSEC) issued Statement of Position (SOP) 04-2, Accounting for Real Estate Time-Sharing Transactions, to address diversity in practice caused by a lack of guidance specific to real estate time-sharing transactions.

* The AICPA Accounting Standards Executive ...

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