ACCT 530 Week 6 Signature Milestone Assignment
ACCT 530 Week 6 Case Study 6-10 Autonomy
ACCT530 Week 6 Discussion, Risks in Trends in Accountant/Audit
ACCT530 Week 6 Discussion, Flushing the Investment Portfolio
“Flushing” the investment portfolio is where companies purchase stocks to invest fund and or to gain strategic allegiance. According to GAAP any investments less than 20% are passive, so the investing company does not need to shoe their net income on financial statements. GAAP requires these type of investments be in two portfolio categories.
- “Trading” securities: Any changes during the fiscal year or gains/losses from sales are reporting in operating income.
- “Available for sale” securities: Any changes during the fiscal year are reported in “other comprehensive income components” at the bottom of the income statement.