About this document
Understanding Loan Receivable Accounting by Francine Thea M. Lantaya is a document available to read on EtoBox.
This document discusses accounting concepts related to loan receivables. It defines key terms like loan receivable, origination fees, and direct origination costs. It then explains how to initially measure loan receivables at fair value plus transaction costs. It also discusses how to subsequently measure loan receivables at amortized cost using the effective interest method. This involves amortizing any discounts, premiums, origination fees or direct origination costs over the life of the loan. An example
- Author
- Francine Thea M. Lantaya
- Language
- EN