See every side of every news story
Published loading...Updated

Derecognition of financial assets under FRS 102

Summary by accountancydaily.co
standfirst: Azhar Rana, partner at PKF Littlejohn, examines the FRS 102 accounting principles of debt securitisation and derecognition of financial assets and how to avoid the pitfallsA non-bank lending business is usually financed through substantial borrowings obtained from credit institutions. As the lending business grows, it may sell part of its loan book to obtain additional funding for new business.Such transactions often require complex …
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

Bias Distribution

  • There is no tracked Bias information for the sources covering this story.
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

accountancydaily.co broke the news in on Monday, April 14, 2025.
Sources are mostly out of (0)

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.