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Unformatted text preview: analysis/11/accounting-intercorporate-investment.asp#axzz1m8ArMpy6 ). Available for sale securities are held for capital gains and dividend revenue. They are held for a longer period than trading securities but can be sold for a right price. Changes in fair value are reported on the income statement (Easton et al, 2010). Held for maturity are held for a long term until they reach the maturity date. Changes in fair value do not affect the balance sheet or income statement as by the time they are sold the market value should be equal to the face value (Easton et al, 2010). References: Easton, P.; Halsey, R. F.; McAnally, M. L.; Hartgraves,A. & Morse, W., (2010), Financial & managerial accounting for MBAs. Canada: Cambridge Business Publishers http://www.investopedia.com/articles/fundamental-analysis/11/accounting-intercorporate-investment.asp#axzz1m8ArMpy6...
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This note was uploaded on 04/06/2012 for the course FINANCE 410 taught by Professor N/a during the Spring '09 term at AIU Online.
- Spring '09