Kế hoạch trợ cấp chi phí dịch vụ hàng triệu lãi chi phí dự kiến lợi nhuận trên khấu hao tài sản kế hoạch khấu hao tài sản chuyển tiếp của (lợi nhuận) thiệt hại khấu hao chi phí dịch vụ trước (tín dụng) Giải quyết hoặc cắt giảm thua lỗ (thu nhập) chi phí | How to Hide Debt with Special-Purpose Entities ACCOUNTING FOR SPECIAL-PURPOSE ENTITIES Senator Everett Dirksen commented that a billion dollars here and a billion dollars there pretty soon you re talking about real money. With securitized lending and synthetic leasing estimated in the trillions of dollars clearly we are talking about real money in the eyes of any quipster. As we learn that almost all of this debt is not recognized on anyone s balance sheet we realize that the . economy has an incredibly high degree of financial risk. And seemingly everyone wants to keep hiding this debt and pretending that it does not exist The cascading scandals of yesteryear put enormous pressure on the FASB to clean up the abuses of The major issue centers on consolidation. What is at stake as discussed in Chapter 3 is whether the liabilities are booked in the financial statements or whether they continue to be swept into some virtual dustbin. The old rule such as it was stated that if the SPE had at least 3 percent of its total capital from some outside source then the business enterprise did not have to consolidate the SPE with its own affairs. The Emerging Issues Task Force EITF an organization under the auspices of the FASB published this old rule and labeled it EITF 90-15 which indicates that this rule was its fifteenth rule during 1990. While EITF 9015 originally applied to certain leasing activities business managers quickly applied it to all sorts of SPEs. The threshold was so low that managers found it an easy way to keep SPE debt off the balance sheet. Because of recent condemnation the FASB proposed requiring consolidation unless outsiders contributed at least 10 percent of the capital to the SPE and this capital is at One of the criticisms was that 3 percent equity does not really put the equity at risk. It takes more equity and less debt in the SPE to really put the equity stakeholders at risk moreover the FASB clearly stated in its proposal that
