FASB ASC 320: Guidelines For Investment In Debt And Equity Securities

Trading SecuritiesDiscuss about the Marketable Securities for Economics and Business Administration.
Financial Accounting Standard Board ASC 320 states some guidelines for the companies who want to invest in debt securities and in equity securities which can be determined at their fair value. It explains all three categories of the securities and also states their accounting treatment. In addition to this, assign them the current an…