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Flashcards in Investments Deck (7):
1

At Fair value as either Current or Non-current assets.

Investments

2

Included in OCI (Other Comprehensive Income)

Investments

3

HTM - Stockholder's Equity
/ Trading Securities - Current Period.

Investments

4

Amortized cost as Current or Non-current assets.

If reclassified as AFS - Unrealized G/L go to Stockholder's Equity

If reclassified as Trading Securities - Unrealized G/L recognized in Current Period

Investments

5

Trick question - Unrealized gains or losses are not applicable because they are HTM


Investments

6

At Fair Value as a Current Asset

Unrealized gains/losses are recorded on the Income Statement

If they are reclassified as held-to-maturity or available-for-sale- there is no effect upon transfer.

Investments

7

Recorded on the Income Statement

If they are reclassified as HTM or AFS - there is no effect upon transfer.

Investments