Response to the FASB Exposure Draft, "Proposed Statement of Financial Accounting Standards- Accounting for Transfers and Servicing of Financial Assets and Extinguishment of Liabilities"
美国会计学会财务会计准则委员会回应FASB征求意见稿，支持采用分解法处理金融资产转移和负债终止确认，强调控制权转移和持续参与原则。
Abstract The article presents the response of the Financial Accounting Standards Committee of the American Accounting Association to Financial Accounting Services Board Exposure Draft (ED) related to accounting for transfers and servicing of financial assets and extinguishment of liabilities. According to the Committee, this ED introduces a general framework for dealing with a broad class of transactions involving financial instruments. The objectives in accounting for transfers are to recognize all assets controlled and all liabilities incurred and de-recognize all assets where control has been surrendered and all liabilities where the obligations have been extinguished. The proposed standard requires decomposition of the transaction into components that are transferred according to control provisions and those components that are part of the transferor's continuing involvement. The Committee reiterates its support for a components approach for recognition and measurement of compound financial instruments. Subject to resolution of identification and measurability issues, the Committee considers this framework appropriate for dealing with transfers of financial instruments.