Most likely most importantly, ASC 860 prescribes the circumstances that a transfer will have to satisfy to enable the transferor to derecognize the economic asset from its stability sheet. The steerage in ASC 860 addresses not just the transferor’s accounting, but will also informs the corresponding accounting from the transferee. https://spencerspgzq.designertoblog.com/67435920/not-known-details-about-860-cash