Reclassification of Investments in Securities 1. All securities reclassified –> from one category to another –> are transferred at fair value 2. From Trading to
Tag: asc
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
Interim Financial Reporting APB Opinion 28, May 1973 “Interim Financial Reporting” Accounting principles Accounting principles for interim reports should be –> same as those for
Earnings per Share SFAS 128, February 1997 “Earnings per Share” Earnings per Share (EPS) 1. Basic Earnings per Share 2. Diluted Earnings per Share Basic