Available for sale securities under GAAP & IFRS

Are the unrealized gains/losses arising from changes in the market value of available-for-sale securities reported under US GAAP (Equity/Income Statment), IFRS (Equity/Income Statment)? My guess is both under equity…am i right?

Even I think the same… It is part of Other Comprehensive Income

Unrealized gains / losses on Available for Sale Securities are a part of the Other Comprehensive Income in the US GAAP Standards and are a part of the Direct To Equity Section under IFRS.

agree with ya CP