The purpose of this Paper is to identify the Accounting Information Usefulness with relations to the Validities of the Lease Capitalization.
The Provisions of this Statement No. 13 derive from the view that a Lease that transfers sbustantially all of the benefits and risks incident to the ownership of Property should be accounted for as the acquisition of an asset and the incurrence of an abligation by the lessee and as a sale or financing by the lessor. All other leases should be accounted for as operating leases. In a lease that transfers substantially all of the benefits and risks of ownership, the economic effect on the parties is similar, in many respects, to that of an installment purchase. This is not to say, however, that such transactions are necessarily "in substance purchases" as that term is used in previous authoritative literature. ... (이하 생략)

The promotion activity plays an important role as a part of the marketing activity even in the case of the small business, not to speak of the big business in the modern industrial society. But the recognition has widely spread that only the big business with abundant funds and excellent persons is generally able to carry out the promotion activity. Specifically, it has been understood that although the small business tries to perform the promotion activity, it is in difficulties for the performance owing to lack of its funds and man powers.
This recognition is thought as a result which comes from the viewpoint that for the most part the small business intends to carry out the promotion activity in the same form as the big business. And the small business has brought about the inefficient promotion effect because it performs the promotion activity in the same form as the big busines. ... (이하 생략)