企业资产证券化交易结构和会计处理问题探析

发布时间：2018-06-02 22:57

本文选题：企业资产证券化 + 交易结构　；参考：《上海交通大学》2013年硕士论文

【摘要】：我国企业资产证券化自2005年启动试点以来，由于主管部门依据“先试点、后立法”的原则，，导致目前我国企业资产证券化在制度建设和实务方面仍存在着不少待厘清和解决的问题。其中，最主要的问题就是法律法规的不完善和会计处理规范的不明确，这些问题极大地阻碍了我国企业资产证券化的试点进程。本文试图在分析我国企业资产证券化交易结构和会计处理问题的基础上，提出合理的方法和建议，从而完善现有制度体系的不足，推动企业资产证券化业务在我国的发展。本文的核心观点为：第一，逐步建立一套企业资产证券化专门、统一的法律体系，完善交易结构中SPV的“破产隔离”机制，实现基础资产的“真实销售”；第二，修订企业会计准则，对风险和报酬转移程度进行量化描述；建立一套合理、完善的企业资产证券化会计处理办法，规范企业对会计政策和会计处理的选择；第三，扩大试点期间拟证券化资产的选择范围，如债权类资产分割后部分证券化，以满足不同企业和市场上不同投资者的需求。本文一共有六个章节，分别为“绪论”，“基本原理、实务发展及理论研究”，“企业资产证券化的交易结构研究”，“企业资产证券化会计处理问题探析”，“进一步研究——企业资产部分证券化”，以及“结论和讨论”。在分析过程中，本文运用了案例分析的方法，通过“融资租赁款证券化”和“BT项目回购款的部分证券化”两个案例，分别介绍风险和报酬转移程度的量化模型如何在实务中操作运用，以及资产部分证券化如何进行会计处理。
[Abstract]:Since the launch of the pilot project in 2005, because the competent authorities have been based on the principle of "first pilot, then legislate", As a result, there are still many problems to be clarified and solved in the system construction and practice of enterprise asset securitization in our country. Among them, the most important problems are the imperfection of laws and regulations and the unclear accounting rules, which greatly hinder the pilot process of enterprise asset securitization in China. Based on the analysis of the transaction structure and accounting treatment of enterprise asset securitization in China, this paper tries to put forward some reasonable methods and suggestions, so as to perfect the deficiency of the existing system and promote the development of enterprise asset securitization in our country. The core viewpoints of this paper are as follows: first, gradually establish a set of specialized and unified legal system of enterprise asset securitization, perfect the "bankruptcy isolation" mechanism of SPV in the transaction structure, and realize the "real sale" of basic assets; second, Revising the accounting standards for enterprises, quantifying the degree of risk and reward transfer, establishing a set of reasonable and perfect accounting treatment methods for asset securitization of enterprises, standardizing the choice of accounting policies and accounting treatment for enterprises; third, In order to meet the needs of different enterprises and different investors in the market, the scope of selection of quasi-securitization assets, such as partial securitization after the division of creditor's rights assets, is expanded during the pilot period. There are six chapters in this paper, which are "introduction", "basic principle, practical development and theoretical research", "Research on transaction structure of enterprise asset securitization", "Analysis of accounting treatment of enterprise asset securitization". Further study-partial Securitization of Enterprise assets, as well as conclusions and discussions. In the process of analysis, this paper uses the method of case analysis, through the two cases of "securitization of financial leasing funds" and "partial securitization of BT project repurchase funds". This paper introduces how to use the quantitative model of risk and reward transfer degree in practice and how to deal with asset part securitization.
【学位授予单位】：上海交通大学
【学位级别】：硕士
【学位授予年份】：2013
【分类号】：F832.51;F275

【参考文献】