Accounting Research On Credit Asset Securitization

Since the emergence of credit asset securitization as an innovative financial instrument in China,the product has been widely developed.With the rapid development of business,credit asset securitization business in China faces more challenges in accounting treatment.However,using proper method to finish the accounting procedure of credit asset securitization,will not only be benefit to the development of this product,but also will improve the efficiency of supervision.As a result,research on the accounting of credit asset securitization has great meaning.The research about the accounting of credit asset securitization can be divided into two parts: the derecognition of the basic assets of credit asset securitization and the consolidation of special purpose entities.Therefore,through case study,this essay mainly discusses the derecognition of the basic assets of credit asset securitization in accounting treatment and the consolidation of special purpose entities.This essay begins with the accounting theory of credit asset securitization and adopts case study method with two cases: 2016 Jianxin III and 2016 Jianyuan III.By contrasting the two cases' difference on basic assets,security structure and accounting treatment,this case study analyses and clarifies the accounting treatment and potential problems during the credit asset securitization.At the last chapter,the essay makes recommendations on the derecognition of credit asset securitization,consolidation of special purpose entities,and other related issues.