For AFS debt securities under IFRS, Wiley says that unrealized gain/loss get accounted for in net income
But CFAI says that it goes to OCI and not P&L
Did anyone else notice?
For AFS debt securities under IFRS, Wiley says that unrealized gain/loss get accounted for in net income
But CFAI says that it goes to OCI and not P&L
Did anyone else notice?
I believe you’re misreading it. The Wiley study notes only says unrealized gains and losses to the income statement for AFS debt securities that are the result of exchange rate movements.