Professional Research As the new staff person in your company’s treasury department, you have been asked to conduct research related to a proposed transfer of receivables. Your supervisor wants the authoritative sources for the following items that are discussed in the securitization agreement.

Instructions Access the IFRS authoritative literature at the IASB website (http://eifrs.iasb.org/) (you may register for free eIFRS access at this site). When you have accessed the documents, you can use the search tool in your Internet browser to prepare responses to the following items. (Provide paragraph citations.)

(a) Identify relevant IFRSs that address transfers of receivables.

(b) What are the objectives for reporting transfers of receivables?

(c) Provide definitions for the following:
(1) Derecognition.
(2) Amortized cost.

(d) Provide other examples (besides recourse and collateral) that qualify as continuing involvement.