20世纪70年代以来,以美国资产证券化产品为代表的金融衍生产品在国际资本市场得到迅猛发展。在证券化操作过程中,会计主体的表现形式不仅体现在以企业主体形式存在的原始权益人,更独特地表现为以法律概念实体形式存在的特别目的实体(SPE)。现阶段,国内资产证券化业务的会计确认主要参照了企业会计制度中的非货币性交易和债务重组的有关规定,其计量属性为历史成本,不能充分反 Since the 1970s, financial derivative products represented by US asset securitization products have enjoyed rapid development in the international capital markets. During the course of securitization, the manifestation of the accounting entity is not only embodied in the original owner in the form of the enterprise, but also as a special purpose entity (SPE) which is unique in the form of legal concept entity. At this stage, the accounting recognition of domestic asset securitization business mainly refers to the relevant provisions of non-monetary transactions and debt restructuring in the accounting system of enterprises, and its measurement attributes are historical costs and can not be fully reversed