SFAS 91: New Dilemmas.
讨论了1986年发布的SFAS 91准则给贷款人和出租人带来的两个会计困境，通过一个简单租赁案例说明准则执行中的矛盾。
Abstract In December 1986 the Financial Accounting Standards Board issued SFAS 91, establishing new rules by which lenders will account for nonrefundable fees. The Statement applies to all types of lenders and loans, including lessors involved in direct financing leases. The main thrust of the Statement is to eliminate the practice of recognizing such fees as revenues at or prior to the inception of the loan, by requiring these fees to be recognized over the life of the loan as an adjustment to yield. The purpose of this article is to discuss two dilemmas created by SFAS 91 as originally issued, illustrated through a simple lease example. Under SFAS 13, the gross investment in the lease was defined as the minimum lease payments plus any unguaranteed residual value accruing to the benefit of the lessor. Given the modifications of SFAS 91, the entries required at the inception of the lease would be impossible to complete. It is concluded that SFAS 91 as originally issued caused a second dilemma in that, when the lessor attempts to comply with the intention rather than the letter of the Statement, he is compelled to choose between two questionable accounting treatments in disposing of the remaining balances.