16: A.2. Depreciation of Fixed Assets and Impairment

Question 1

What are the items that come under OCI
1- Unrealized loss on trading debt securities
2-Revaluation increase on fixed assets
3-Held-to-Maturity (HTM) debt securities
4-AFS debt securities

Answer 1

1- Dont come under OCI in both GAAP & IFRS (Goes to net income)
2- Yes, it’s with OCI under IFRS Only
3- Dont come under OCI in both GAAP & IFRS
4- Come under OCI under Both GAAP & IFRS