Novogradac GAAP Accounting for the LIHTC and NMTC - 2005 Edition: 2005 Edition
Novogradac LLP, CPAs, 2004
This guidebook is a compilation of the historical documentation and related information from financial accounting standards board EITF issue 94-1. This documentation addresses how an entity that invests in a qualified affordable housing project should account for the benefits (tax) resulting from its investment. This 2004 edition contains a chapter on accounting for a qualified new markets tax credit investment. This is the sixth published edition of this book.
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