≡ Menu

Available for Sale (AFS) – Theory Questions

Theory Questions

1. When would you classify an investment as available-for-sale?

2. What are the major differences between trading and available-for-sale securities?

3. What is other comprehensive income (OCI) and where is it presented in the final accounts?

4. How is the foreign exchange translation impact on AFS equity securities handled? Is this any different from debt securities? If so, explain why it is so.

5. How is the impairment of AFS securities treated?

Be Sociable, Share!

{ 0 comments… add one }

Leave a Comment