Reverse of Amortization

摘要：

The paper discovered a queer accounting phenomenon that in one or some amortization terms,the amounts of discount/premium amortized are negative when the effective interest method is applied for financial instruments with fixed interest rate and named it reverse of amortization.Taking financial instruments where the principal and interest are repaid at the same time as an example,the paper analyzed the law of the reverse of amortization and gave the strict discriminant rules.It also discussed the amortization life characteristics of financial instruments and the accounting influence of the reverse of amortization.

关键词： reverse of amortization effective interest method dicriminant rule life characteristics of financial instruments

作者: CHANG Lihua

作者单位: Department of Economics and Management Science,Huaihua University,P.R.China,418008

会议类型: 国际会议

会议名称: 2007 International Conference on Management Science and Engineering(2007管理科学与工程国际学术会议)

会议地点: 河南焦作

会议语种:英文

页码: 1536-1540

在线出版日期: 2007-08-20（万方平台首次上网日期，不代表论文的发表时间）