Detail Taking Stock on The Internet   Oleh:  Ward, Terry J. ; Woodroof, Jon Jenis: Article from Bulletin/Magazine Dalam koleksi: Journal of Accountancy vol. 183 no. 1 (Jan. 1983), page 41-45. Topik: STOCKS; stock; internet Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: JJ85.17 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel I f your company or client is required to track the current market value of securities it owns, then you know what an irksome, time - consuming task that can be. But now, with the help of the Internet, the task can be accomplished almost automatically. Under Financial Accounting Standards Board Statement no. 115, Accounting for Certain Investments in Debt and Equity Securities, businesses must account for the securities in their financial statements. Using two computer tools - the Internet and spreadsheet software - you can do the job with little more than a few mouse clicks. Statement no. 115 applies to all investments in debt and equity securities with readily determinable fair values. (For more details, see "FASB 115 : Its Back to the Future for Market Value Accounting," JofA, Sept. 93, page 49.) It requires companies to classify all securities investments that are not accounted for under the equity method into three categories : trading, available for sale or held to maturity. On top of that, companies must use a market value approach to account for investments held for trading or available for sale. Under that approach, companies must periodically adjust their investments to fair market value. A valuation allowance account is then used to adjust investments in securities to market value on the balance sheet. The primary difference between accounting for investments held for trading and accounting for available - for - sale investments is that any holding gain or loss to adjust the investment to market value is shown on the income statement for trading shares, while available - for - sale stocks accumulated holding gains or losses are reported as a separate component of shareholders equity on the balance sheet. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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