Asset Securitization Accounting Issues

Asset securitization has a great development around the world since its emergence from USA in the late of 1960s. It has become an important accounting project because of special accounting methods and other multiple problems related to financial instruments.During the researching process of accounting for asset securitization, starting with the content of asset securitization, this thesis introduces basic accounting problems and researching status quo. Then unfolding the discussion and research which focus on four core problems- recognition of accounting, measurement of accounting, accounting report of consolidation and disclosure of accounting information. Combining with accounting standard in our country this thesis deeply analyzes asset securitization's accounting problems. And the writer puts forward the suggestion for asset securitization's accounting process. Meanwhile, the writer ponders further perfecting corresponding accounting standard.At last, the thesis researches the first domestic asset securitization case-profit plan of china Unicom's CDMA internet rent charge, and emphasis on problem of accounting. The writer expects that the analysis can make a practical guiding effort on accounting of developing vigorously enterprise asset securitization.According to guiding ideology of "firstly building experiment units, and then making legislation", both enterprise asset securitization's accounting process and corresponding standard will be perfect later on with the development of this securitization.