Please part iii state street case in cases in financial reporting this is the whole case photo copied. Please answer there is no more info, and all pictures are clear. Attached is ALL the balance sheets with the case to answer this question. Thank you
me for the year. They are, however, included in "Comprehensive income" for the other comprehensive gain (loss) account is the accumulation of many years tement of comprehensive income provides the breakdown of the vrchensive income during the year, including unrealized increases and decreases income ailable-for-sale securities. markct value he of 202 year-end balance in State Street's accumulated other comprehensive gain Aos) acount? t is thenf? The 2011 balance? Be sure to note whether the amount is a net gain or loss o the statement of comprehensive income, what is the amount of the net change in AeAcuulated other comprehensive gain (loss)" account relating to net unrealized gains e ron availabl-for-sale securities during 2012? Do not consider the activity relating to resentt Ho these are not i alue hedges since ncluded in Note 4. the net unrealized gain (loss) amount in part h. ii., to the information about changes in ains (losses) shown in Note 4 (and analyzed in part g, above). What likely the related scounts for the diflerence in the two amounts? would State Sreet have reported as income before income tax expense in 2012 had the classified its securities available-for-sale as trading account assets instead? Assume that all i.is a la blein.ale as trading account assets instead? Assume that all es held by g securities as of January 1, by By what amount would total ons ofASC 320 (formerly SFAS No. 1 15) would have required all marketable securities to ecurites cash losreaid at market value on the balance sheet. ly Popare a brief argument against this method of accounting. w, prepare a briefargument in support of this method ofaccounting. emsn& i Whlich position would you have supported if you had been CFO of State Street in 2012? How would your answer differ if you were an investor? securitis unities fr 2012 had remove securities ed gains 2. Show count to t are mot me for the year. They are, however, included in "Comprehensive income" for the other comprehensive gain (loss) account is the accumulation of many years tement of comprehensive income provides the breakdown of the vrchensive income during the year, including unrealized increases and decreases income ailable-for-sale securities. markct value he of 202 year-end balance in State Street's accumulated other comprehensive gain Aos) acount? t is thenf? The 2011 balance? Be sure to note whether the amount is a net gain or loss o the statement of comprehensive income, what is the amount of the net change in AeAcuulated other comprehensive gain (loss)" account relating to net unrealized gains e ron availabl-for-sale securities during 2012? Do not consider the activity relating to resentt Ho these are not i alue hedges since ncluded in Note 4. the net unrealized gain (loss) amount in part h. ii., to the information about changes in ains (losses) shown in Note 4 (and analyzed in part g, above). What likely the related scounts for the diflerence in the two amounts? would State Sreet have reported as income before income tax expense in 2012 had the classified its securities available-for-sale as trading account assets instead? Assume that all i.is a la blein.ale as trading account assets instead? Assume that all es held by g securities as of January 1, by By what amount would total ons ofASC 320 (formerly SFAS No. 1 15) would have required all marketable securities to ecurites cash losreaid at market value on the balance sheet. ly Popare a brief argument against this method of accounting. w, prepare a briefargument in support of this method ofaccounting. emsn& i Whlich position would you have supported if you had been CFO of State Street in 2012? How would your answer differ if you were an investor? securitis unities fr 2012 had remove securities ed gains 2. Show count to t are mot
