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    Fair value controversy for reporting investment securities

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    How would you recommend investment securities be reported (fair value controversy)?

    © BrainMass Inc. brainmass.com March 4, 2021, 11:16 pm ad1c9bdddf

    Solution Preview

    The concepts of fair value accounting are not new. They have been addressed over the past 50 years with a great amount of discussion and disagreement as to procedures and valuations.

    In the past 5 years, there has been a significant change in attitude probably due to two main reasons:

    1. The convergence with IFRS standards is becoming more and more critical with the ...

    Solution Summary

    In about 230 words, this solution discusses how investment securities should be reported. A reference is included.