What do you mean securitization? Is there any accounting disclosures for securitization in the context of Local accounting standards?

Assignment-3

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Assignment Question(s):          

What do you mean securitization? Is there any accounting disclosures for securitization in the context of Local accounting standards? What are the motivations for and alternatives to securitization? Also, discuss the fair value concept of transferor’s journal entry for a transfer of financial assets in your own words.

Pass a journal entries in the books of lease contract by creating lease receivable at its net investment in which is equal to the minimum lease payments discounted at the rate of interest implicit in the lease……………..

APA 1115 words