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标题: Reclassification of Financial Assets under GAAP and IFRS [打印本页]

作者: ba736 时间: 2011-7-13 16:20 标题: Reclassification of Financial Assets under GAAP and IFRS

HTM = Held-to-Maturity
HFT = Held-for-Trading
AFS = Available-for-Sale

My notes says for under GAAP, it's okay to go in/out between HFT and AFS, but not to HTM at all.

Is this correct? And is the rule the same under IFRS?

作者: WarrenB1 时间: 2011-7-13 16:20

Yes I believe that is correct. And I believe it's the same for IFRS.

作者: madaochenggong 时间: 2011-7-13 16:20

IFRS: Nothing can be classified into or out of Trading. You can go from AFS to HTM or HTM to AFS.

GAAP: Permits everything.

作者: RMontgomery 时间: 2011-7-13 16:20

under IFRS -out of HFT is severely restricted

作者: Pegasus2008 时间: 2011-7-13 16:20

This is great! I think i got all this... any special treatment with regards to IFRS / GAAP in terms of the unrealized gains/losses (or any changes in value) on the b/s or OCI when changes take place? Or is it all intuitive towards the new class the security is being classified as?

Thank you!

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