Research On Accounting For Assets Securitization In China

Relying on its unique plot and exquisite structure, the assets securitization has made the originators obtain the assets they demand, as well as effectively dispersed the risks caused by the securitized assets; therefore, it has become the pet of the present international financial market. Moreover, the assets securitization has not only concerned with the relevant problems on the financial tools, but also required special accounting methods, becoming one of the important subjects on the accountant study. Our country has started the pilot project on the Assets securitization of credit in 2005. In the year 2007, 60billion of Assets Backed Securities, which is 6 times of the first batch of pilot circulation, has been planed. However, our country's law, accounting and the tax system have been incompatible with the demand of the swift and violent development of the market of the assets securitization. The research purpose of this thesis is, on the view of accounting, to solve the problems on the recognition of accounting and measures, etc. which have been brought about by the asset securitization.During the researching process of accounting for asset securitization, starting with the content and features of asset securitization, this thesis introduces basic accounting problems and researching status quo. Then the unfolded discussion and research has been focusing on four core problems: recognition of accounting, measurement of accounting, accounting report of consolidation and disclosure of accounting information. Finally, this thesis studies and determines the accounting processing methods, judging standard as well as the processing and the exposure for the related practices. Meanwhile, combining with our country's actual situations of the assets securitization, the building of the accounting mode for our country's assets securitization has been discussed. This thesis mainly contains the following contents; the first part is a summary of the assets securitization and the accounting for assets securitization, which provides a base for the understanding of the accounting problems of the assets securitization. The second part is the key part which has studied on the accounting problems related with the assets securitization. The third part is a research on the problems of accounting for securitized asset in China. This part has focused on the introduction and evaluation of the accounting standards for the assets securitization at the present stage in our country, as well as provided suggestions for the building of the regulations for the accounting for the assets securitization, based on the analysis of the problems revealed caused by the current regulations during the course of practice.