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标题: HFT toAFS [打印本页]

作者: Sunshine4ever    时间: 2011-7-11 19:27     标题: HFT toAFS

According to CFAI text "if Held for trading is reclassified as Available for Sale, any unrealized G/L goes to income" page 125? Shouldnt it go to OCI?
作者: Houjichasan    时间: 2011-7-11 19:27

You would think so, best to quote page number and paragraph so that "according to...." can be taken in context.
作者: Swanand    时间: 2011-7-11 19:27

sort of tricky...what you've quoted is correct, I would think of it like if you are reclassifying from trading to AFS, or AFS to trading, then since both of those involves trading, and trading unrealized gains/losses go to NI, then in these two cases you must recognize the impact of the reclassification in NI. Does that help?

If you go from HTM---> AFS, THEN the unrealized g/l goes to OCI
作者: ayaz_mahmud369    时间: 2011-7-11 19:27

Should go to OCI I feel. Have you reported it to CFAI?
作者: zhaoyp    时间: 2011-7-11 19:27

I remember this part, it has left me puzzled.
Does not really make sense, does it? Should not it go to the OCI?



Edited 2 time(s). Last edit at Monday, April 11, 2011 at 08:18AM by PositiveOutlook.
作者: eoin    时间: 2011-7-11 19:27

have either of you read my comment? By the way, under IFRS you can't move/reclassify into or out of trading
作者: ap0258    时间: 2011-7-11 19:27

By the way, under IFRS you can't move/reclassify into or out of trading

CFAI mentions that!)))




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