BC31. Within a securitization transaction accounted for as being a sale less than Matter 860, Transfers and Servicing, the transferor normally sells financial property to an unconsolidated securitization entity in return for cash as well as a beneficial fascination. In some scenarios, the transferor isn't going to receive in cash the total good wor

The classification of cash receipts and payments that have elements of multiple class of cash flows should be decided initial by implementing particular steering in commonly accepted accounting concepts (GAAP). Within the absence of precise steering, an entity ought to identify Each and every independently identifiable source or use within the cash

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