Transfers and servicing of financial assets (ASC 860)
Provider: Becker Professional Education
Length: 120
Accounting
2 CPE Credits
Intermediate
QAS self study
This course will be an overview of:
- ASC 860 and the guidance related to transfers and servicing of financial assets
- What qualifies as a transfer of a financial asset
- Control criteria for transfers of financial assets
- How to account for sales-type transfers and finance-type transfers
- What is meant by servicing of financial assets
- Disclosure requirements of ASC 860.