FASB: Whoops, Hold On!
- Accounting for securitized assets. Kane, Gregory D. // CPA Journal;Jul95, Vol. 65 Issue 7, p44
Explains the nature and accounting treatment for securitized assets in the United States. Approaches undertaken by the US Financial Accounting Standards Board (FASB) to address the problems related to asset securitization; Reporting standards; Use of economic substance to distinguish sale from...
- FASB Update: Board proposes new class of SPEs. Gregory, Michael // Asset Securitization Report;6/10/2002, Vol. 2 Issue 23, p3
Reports on the proposal of the Financial Accounting Standards Board of an innovated financial SPE. Comparison between financial SPE and non-QSPE securitization structures; Avoidance of consolidation; Terms of the proposal.
- WHISPERS. // Asset Securitization Report;11/4/2002, Vol. 2 Issue 43, p1
Presents asset-backed securitization (ABS)-related news items, as of November 4, 2002. Financial Accounting Standard Board's views regarding special purpose entities; Equipment manufacturer CNH Global's plan to sell $1 billion of equipment installment contract ABS; Plan for a car loan ABS in...
- As 2002 closes, ABCP market ends down from previous year. M.G. // Asset Securitization Report;12/16/2002, Vol. 2 Issue 49, p4
Reports on the performance of the U.S. asset-backed market as of December 2002. Comparison with the 2000 and 2001 results; Growth projections; Market sentiment over the consolidation project launched by the U.S. Financial Accounting Standards Board.
- Conditions prime for return of private Asset Backed Securities. Sisk, Michael // Private Placement Letter;6/24/2002, Vol. 20 Issue 25, p1
Provides information on the profitability of asset-backed securities and consolidation project drafted by the U.S. Financial Accounting Standards Board.
- FASB last week: more positive strides for non-QSPEs. // Asset Securitization Report;5/13/2002, Vol. 2 Issue 19, p8
Focuses on the consolidation project from the U.S. Financial Accounting Standards Board for securitization. Risk diversification purposes in transactions; Discussion on special purpose entities (SPE); Analysis on the benefits of non-quantifying SPE.
- Summary of accomplishments in ASF's inaugural year. // Asset Securitization Report;1/6/2003, Vol. 3 Issue 1, p8
Summarizes the accomplishments in American Securitization Forum's inaugural year. Minimum standards in the asset-backed securitization; Consequences for the securitization market; Economic impact of Financial Accounting Standards Board's proposals on the securitization markets.
- ABS WORLD ATWITTER OVER FASB RULES. Tunick, Britt // Investment Dealers' Digest;1/27/2003, Vol. 69 Issue 4, p7
Focuses on release of rules on special purpose entities by the Financial Accounting Standards Board. Plan of banks with vast asset-backed commercial paper to consolidate their assets; Value of asset-backed commercial papers of January 22, 2003.
- FASB leans toward majority threshold. Gregory, Michael // Asset Securitization Report;10/21/2002, Vol. 2 Issue 41, p2
Comments on the stance of securitization of the Financial Accounting Standards Board to adopt majority ownership in using variable interest approach to consolidation in the U.S. Criticisms of the draft; Schedule of the release of the final proposal; Commentary of the Federal Reserve Board on...