by AICPA .
Written in English
|The Physical Object|
Checklists and illustrative financial statements for common interest realty associations: a financial accounting and reporting practice aid, September edition By American Institute of Certified Public Accountants. The Real Estate—Common Interest Realty Associations Topic addresses the unique accounting and reporting issues for common interest realty associations. This Topic includes the following Subtopics: a. Overall b. Presentation of Financial Statements c. Notes to Financial Statements d. Property, Plant, and Equipment e. Contact Your Account Manager to learn more about our Checkpoint online solutions. Your one-stop reference guide to HOA accounting. PPC's Guide to Homeowners' Associations and Other Common Interest Realty Associations is the most comprehensive Guide ever written about homeowners' associations, condominium associations, cooperative housing corporations, and time-share . The financial statements do not include the cost of the individual units and the common elements of the condominium, except for units owned by the Association. Real estate taxes and mortgages applicable to the individual units are independently billed to and paid by each unit owner. These financial statements do not reflect such expenditures.
Supplemental Checklist for Review of Common Interest Realty Associations: 22, 10/ (prev. 12/) (Yellow Book) December Revision: IFRS Financial Reporting and Disclosure Checklist (for Financial Statements with Years Beginning on or After January 1, ) Zip File: 4/ (prev. 10/). These illustrative financial statements – which are examples for bank holding companies, including community banks, thrifts, and other financial institutions – contain common disclosures as required under U.S. GAAP, as well as rules and regulations of the U.S. Securities and Exchange Commission (SEC), including financial statement. Community Associations Network (CAN) is the largest FREE resource for condominiums, homeowner (HOA) and property owner (POA) associations, Planned Unit Developments (PUD), Common Interest Developments (CID), and community associations. It is designed to help owners, board and committee members, renters, as well as the managers, attorneys. Checklists and illustrative financial statements for common interest realty associations Imprint New York, N.Y.: American Institute of Certified Public Accountants.
Common Interest Realty Associations - Checklists and Illustrative Financial Statements Paperback – January 1, by Editor (Author) See all formats and editions Hide other formats and editionsAuthor: Editor. Accounting For Common Interest Realty Associations The exposure draft of the proposed guide is composed of nine chapters and an appendix with illustrative financial statements. Of the nine chapters, three are devoted to accounting for common property, future major repairs and replacements and financial statement presentations. You can write a book review and share your experiences. Other readers will always be interested in your opinion of the books you've read. Whether you've loved the book or not, if you give your honest and detailed thoughts then people will find new books that are right for them. Common interest realty associations are responsible for the administration, operation, maintenance and repairs, and replacement of the common elements of properties such as condominiums, cooperative housing, townhomes, and timeshare units. In performing reviews, we apply certain analytical procedures to an Association's financial statements.