≡ Menu

Transfer of Categories – Theory Questions

Theory Questions

1. Can the securities that are classified once be transferred to other category? If so, what precautions should be taken to adjust the unrealized gains or losses?

2. How is the impairment of securities presented in the balance sheet?

3. What is the proper treatment of stock dividends? Can you report this as income?

4. How are the tax effects on unrealized gains/losses treated in the books of accounts in the securities classified as trading and as available-for-sale?

Be Sociable, Share!

{ 0 comments… add one }

Leave a Comment