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APPLICATION for ADMISSION June 9 16, Applicants Must Be Employed in an Officer or Supervisory Capacity in a Commercial Bank or T  Form

APPLICATION for ADMISSION June 9 16, Applicants Must Be Employed in an Officer or Supervisory Capacity in a Commercial Bank or T Form

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Instructions and help about APPLICATION FOR ADMISSION June 9 16, Applicants Must Be Employed In An Officer Or Supervisory Capacity In A Commercial Bank Or Thrift Or In A State Or Federal Agency That Supervises Commercial Banks Or Thrifts

okay today [Music] is lecture number six and this is the continuity of I4 15 Rue recognition okay today today topic is sale and then repurchase or agement under if 15 so we have to study today the sale and the repurchase agreement under I 15 clear so here okay um you know that what does we mean by sale and repurchase agreements and simple term you can say that in entity sell an asset uh but retain the right to repurchase it in the future so we call this is the uh s and repurchase agreement let's say here this is the entity okay and the entity is a selling asset and this entity also retain [Music] right to repurchase the same asset at future date then we call this sort of arrangement is sell and repurchase uh arrangment now how you will treat this what is the accounting treatment accounting treatment so accounting treatment is basically depend on the nature of repurchase option and the second thing is [Music] transaction structure clear so if you or you have this sort of arrange

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