Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
ASC 320 Investments—Debt and Equity Securities
The scope of the Accounting Standards Updates (ASU) is broad and includes all types of equity investments that are not consolidated or accounted for under the equity method, including those that would not be found in the definition of a security. For example, limited partnerships that hold only debt securities fall under Accounting Standards Codification (ASC) 321. ASC 321 also applies to forwards and options designed to acquire and dispose of ownership interests not accounted for as derivative instruments under ASC 815. The ASU created a current expected credit loss (CECL) model in ASC 326‐20 that replaces the impairment guidance in ASC 310‐10. If an entity has debt or equity securities that it intends to actively and frequently buy and sell for short‐term profits, those securities are classified as trading securities. Impairment of trading securities is generally not relevant because trading securities are measured at fair value in income.
ASC 320 Investments—Debt and Equity Securities
The scope of the Accounting Standards Updates (ASU) is broad and includes all types of equity investments that are not consolidated or accounted for under the equity method, including those that would not be found in the definition of a security. For example, limited partnerships that hold only debt securities fall under Accounting Standards Codification (ASC) 321. ASC 321 also applies to forwards and options designed to acquire and dispose of ownership interests not accounted for as derivative instruments under ASC 815. The ASU created a current expected credit loss (CECL) model in ASC 326‐20 that replaces the impairment guidance in ASC 310‐10. If an entity has debt or equity securities that it intends to actively and frequently buy and sell for short‐term profits, those securities are classified as trading securities. Impairment of trading securities is generally not relevant because trading securities are measured at fair value in income.
ASC 320 Investments—Debt and Equity Securities
Flood, Joanne M (Autor:in)
Wiley <fc>GAAP</fc> 2018 ; 246-271
12.03.2018
26 pages
Aufsatz/Kapitel (Buch)
Elektronische Ressource
Englisch
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