Please Fill the table (Fin Reporting Analysis)

CFA Level II
#1

Impairment Loss Reversal is allowed under IFRS: AFS Equity: ??? AFS Debt: YES HTM Equity: ??? HTM Debt: ??? Impairment Loss Reversal is allowed under US GAAP: AFS Equity: ??? AFS Debt: ??? HTM Equity: ??? HTM Debt: ???

#2

Darius-I Wrote: ------------------------------------------------------- > Impairment Loss Reversal is allowed under IFRS: > > AFS Equity: No > > AFS Debt: YES > > HTM Equity: No such thing > > HTM Debt: YES > > > > Impairment Loss Reversal is allowed under US > GAAP: > > AFS Equity: NO > > AFS Debt: NO > > HTM Equity: No such thing > > HTM Debt: NO Not sure on these so take my answers with a grain of salt…

#3

Thank you very much, esp on the HTM Equity part (i’d almost forgotten that).

#4

What page is this in Schweser. This isn’t ringing a bell.

#5

First few pages of Fin Reporting Analysis … the very first reading… these get lost in the barrage of OTHER concepts ; page 15 of book 2 to be specific.

#6

I don’t see anywhere where it points out the difference of whether both US and IRFS Held to maturity can be reversed. 'm assuming that both methods allow HTM loses to be reversed.

#7

IFRS for sure allows it to be reversed for both HTM and AFS. Not sure about US GAAP.