Skip to content

Reclassifying a held-to-maturity security to available-for-sale involves…

May 10, 2016

…stating the investment on the balance sheet at fair value and recognizing the difference in the fair value and the carrying value as other comprehensive income.

Advertisements
Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: