关于“发起人金融资产转移会计处理方法”的评判

Review of the accounting for financial asset transfer by sponsor issued by FASB

次贷危机爆发以来,美国的金融风险管理体制和监管机制受到了全球性的抨击。本文从财务会计角度对资产证券化最主要的会计问题,即发起人转移资产会计处理进行阐述、分析和反思。本文认为,长期以来,FASB采用的"金融合成分析法"在次贷危机当中发挥了负面作用。本文建议修改金融资产转移终止确认观点,并应该合理应用"参与利益"在终止确认中的作用,谨慎但不禁止采用销售方式处理转移资产。

Since the braking out of sub-prime crisis, U.S.＇ s financial risk management system and regulatory system have been globally criticized. This paper analyzes the accounting for financial asset transfer by sponsor in America, as it is the most important factor in the asset securitization. The conclusion is that the accounting method of Financial- Components Approach used by FASB should be responsible for the sub-prime crisis to some extent. We suggest to modify the view of financial asset transfer derecognition, and the accounting standard setting body should make reasonable use of the role of ＂participating interests＂ in derecognition, cautiously allowing the use of sales approach to transfer assets.