Overview of Securitizations

Securitization transactions, when structured properly, can be accounting masterpieces! But before you can get the accounting right, you must understand the transaction. Unlock the complexities of asset-backed financing with this short securitization accounting CPE course (0.2 CPE). Designed to provide a foundational understanding of securitization transactions, this program will illuminate the fundamental principles and processes involved. We will explore the core characteristics of securitizations, dissecting their structure and the various roles of participating entities. Gain insight into the motivations behind utilizing securitization as a financing strategy, uncovering the benefits and strategic advantages it can offer.

This course will guide you through a step-by-step overview of a typical securitization transaction, from the initial pooling of assets to the issuance of securities. You will develop a clear understanding of the key stages and the flow of assets and cash within these structures. Furthermore, we will introduce the various accounting complexities associated with securitization accounting under both U.S. GAAP (ASC 860) and IFRS (IFRS 9). While this overview does not delve into the detailed accounting treatment, it will equip you with the essential context needed to understand the subsequent accounting considerations. By the end of this securitization accounting course, you will be able to recall the key characteristics and appreciate the accounting issues arising from the securitization process.

If you are new to a company or auditing a client that frequently engages in securitization transactions, this short overview of securitizations and introduction to securitization accounting is a must!

Interested in group discounts for your team? Contact us to learn more.

By the end of this course, you should be able to: 

• Recall the characteristics and accounting complexities associated with securitization transactions