Question
Why are unrealized gains and losses on available-for-sale securities not reported in the income statement, but instead are in other comprehensive income, and then shown
Why are unrealized gains and losses on available-for-sale securities not reported in the income statement, but instead are in other comprehensive income, and then shown in accumulated other comprehensive income (AOCI) in the balance sheet?
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Auditing An International Approach
Authors: Wally J. Smieliauskas, Kathryn Bewley
7th edition
1259259870, 1259087468, 70968292, 978-1259087462
