ACC 497 Week 3 Discussion 2 | Assignment Help | University Of Phoenix
- University of Phoenix / ACC 497
- 18 Oct 2019
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ACC 497 Week 3 Discussion 2 | Assignment Help | University Of Phoenix
Week 3 - Accounting for
Investments Paper
FASB ASC 320 requires
companies to assign their portfolio of investment securities into:
- Trading securities
- Securities available for sale
- Held-to-maturity securities
Write a
response of no more than 1,500 words in which you perform the following:
- Define each of these categories of
securities, and discuss the accounting treatment for each category.
- Discuss how companies are required
to assign each category of securities into its current and noncurrent
portions.
- Discuss the arguments for each
position. Some individuals maintain that the only proper accounting
treatment for all marketable securities is current value. Others maintain
that this treatment might allow companies to "manage earnings."
USA 
India