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Off-Balance Sheet financing (OBSF) is not a cost free practice. Discuss the following: Corporate motivations for OBSF. Recent FASB efforts in eliminating OBSF through accounting

Off-Balance Sheet financing (OBSF) is not a cost free practice. Discuss the following:

  1. Corporate motivations for OBSF.
  2. Recent FASB efforts in eliminating OBSF through accounting rules.

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