Real Estate — Common Interest Realty Associations
Overview
ASC 972 notes the following:
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:
- Overall
- Presentation of Financial Statements
- Notes to Financial Statements
- Property, Plant, and Equipment
- Deferred Revenue
- Revenue Recognition
- Other Expenses
- Income Taxes
- Related Party Disclosures.