Accruals and valuation adjustments
#fra-introduction
In some cases valuation adjustments entries are required for assets. For example, trading securities are always recorded at their current market value, which can change from time to time.
- If the value of an asset has increased, then there should be a gain on the income statement or an increase to other comprehensive income.
- If the value of an asset has decreased, then there should be a loss on the income statement or a decrease to other comprehensive income.
If you want to change selection, open original toplevel document below and click on "Move attachment"
Summary
| status | not read | | reprioritisations | |
|---|
| last reprioritisation on | | | suggested re-reading day | |
|---|
| started reading on | | | finished reading on | |
|---|
Details