We were accustomed to an overseas trip, even a business trip, being a long drawn-out affair. We had occasions before air travel when Australian Prime Ministers would spend more than a year at a time in London. Going over old Reserve Bank records of the 1960s and 1970s, I noticed earlier Governors going on business trips that lasted seven weeks.
If the answer is no, then a prudent director would require that the assets remain on the balance sheet (such as in the case of a "nonqualifying"(SPE), or that the accounting be supplemented with enough disclosure to inform investors of the ongoing risks these assets continue to present to the institution.