如何将证券化资产及其衍生产品的风险与报酬合理分解,是资产证券化会计研究当中的重点和难点。本文主要介绍了风险与报酬法、金融合成法、后续涉入法,并对三种方法进行了分析比较。结合对三种理论的认识,对财政部颁布的《第23号准则》进行了评析。 How to reasonably decompose the risk and reward of the securitized assets and their derivative products is the key and difficult point in the securitization accounting research. This article mainly introduces risk and reward method, financial synthesis method and follow-up law, and analyzes and compares the three methods. Combined with the understanding of the three theories, the Ministry of Finance promulgated the “Guidelines No. 23” were reviewed.