Investments in Equity of Other Entities 1. Investments in equity securities that have (A) (A) readily determinable fair value –> Apply asc topic 320: Investments
Category: U.S. GAAP by Topic
Investments-Debt and Equity Securities –> FSP FAS 115-2, April 2009 Other-Than-Temporary Impairments FASB Staff Position FAS 115-2, April 2009 “Recognition and Presentation of Other-Than-Temporary Impairments”
Reclassification of Investments in Securities 1. All securities reclassified –> from one category to another –> are transferred at fair value 2. From Trading to
Investments in Other Entities 1. Investments in debt securities 2. Investments in equity securities that have (A) (A) readily determinable fair value 3. Investments in
Investments in Debt and Equity Securities Debt securities: represent creditor relationship Equity securities: represent ownership interest Investments in Equity Securities 1. more
Impairment of a LoanSFAS No. 114, May 1993 “Accounting by Creditors for Impairment of a Loan” [asc 310-10-35-16, SFAS 114-pr 8] A loan is impaired