标题: FRA - Intercorporate Investments - Reclassification vs Reporting [打印本页] 作者: giants2010 时间: 2011-7-13 16:27
States under both US GAAP and IFRS there is an option to REPORT HTM securities as fair value.
... I know this option is there for equity method (see page 27, FRA), but I did see the above somewhere, but I don't remember if it was in CFAI or not.作者: ba736 时间: 2011-7-13 16:27 标题: FRA - Intercorporate Investments - Reclassification vs Reporting
According to Schweser Book 2 page 14:
Under IFRS, investments classified as HTM cannot be reclassified as HFT or DFV.
Scweser Practice Exams Volume 1 - Exam 3 AM Q59:
States under both US GAAP and IFRS there is an option to REPORT HTM securities as fair value.
If this is correct then reporting and reclassifying are different then both of the above are true.
