Investments in Other Entities 1. Investments in debt securities 2. Investments in equity securities that have (A) (A) readily determinable fair value 3. Investments in
Investments in equity securities 1. If fair value is readily determinable –> Apply ASC 320 Investments – Debt and Equity Securities –> SFAS 115 2.
Equity method for partnerships and joint ventures AICPA Accounting Interpretations (AIN) APB 18 ” The Equity Method of Accounting for Investments in Common Stock: Accounting
Investments in Equity of Other Entities 1. Investments in equity securities that have (A) (A) readily determinable fair value –> Apply asc topic 320: Investments
Investments in Debt and Equity Securities Debt securities: represent creditor relationship Equity securities: represent ownership interest Investments in Equity Securities 1. more
Impairment of a LoanSFAS No. 114, May 1993 “Accounting by Creditors for Impairment of a Loan” [asc 310-10-35-16, SFAS 114-pr 8] A loan is impaired