
的一个rgument “is supply chain finance (SCF) trade debt or bank debt?” has been ongoing for well over a decade. Most “opinions” that you hear expressed as “facts” generally comment without having any clue about the actual accounting rules – whether those of FASB (Financial Accounting Standards Board) or IFRS (Financial Accounting Standards Board) — or about the underlying legal contracts executed by and among the parties, including obligors (or debtors), suppliers, bankers and others, including platforms and asset arrangers.
David Gustin, President of Global Business Intelligence, outlines the facts and discusses the forthcoming financial statement disclosure requirements.