Teruya, Jenny; Pourjalali, Hamid - In: Review of Accounting and Finance 2 (2003) 2, pp. 88-98
Statement of Financial Accounting Standards No. 125 (SFAS 125), Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities, introduced a control‐oriented “financial‐components” approach. SFAS 125 provided guidelines on when financial assets should be...
