Debt securities classified as available for sale are reported at fair value and subject to impairment testing. Ignoring the impact of hedge accounting, other than impairment losses, unrealized gains and losses are reported, net of the related tax effect, in other comprehensive income (OCI).

Jan 16, 2025 · Under Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS), debt securities fall into three categories: held-to-maturity (HTM), available-for-sale (AFS), and trading securities.

Aug 17, 2018 · What is the proper way to record activity on debt securities? Here are the assurance and accounting practices you should know.

Oct 21, 2024 · Explore the essentials of accounting for debt securities, including types, measurement, interest income, impairment, and financial statement disclosures.

The classification of a debt security is important to the application of ASC 320 because the accounting treatment and related disclosures are different for each of the three categories. A reporting entity should document its classification of a debt security at acquisition.

May 25, 2022 · The accounting and financial reporting requirements for investments in debt and equity securities under US GAAP continues to be an area of focus and complexity for preparers and users of financial statements.

Using Q&As and examples, our in-depth guide explains the accounting for investments in debt and equity securities. ASC 320 applies to investments in debt securities, and ASC 321 applies to investments in equity securities and other ownership interests in an entity.

Under both IFRS Accounting Standards and U.S. GAAP, investments in debt securities are classified into categories that affect the measurement of these instruments. But significant differences exist between the two frameworks in how these instruments’ classifications are …

Aug 17, 2024 · The accounting for securities depends on the classification of each security. We note in the following sections the separate accounting used for available-for-sale, held to maturity, and trading securities.

Nov 5, 2024 · RSM’s guide addresses the accounting for certain investments in equity and debt securities, loans and other receivables after the adoption of Accounting Standards Update (ASU) 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, including subsequently issued ASUs that amended and clarif...