For Available-for-Sale securities,companies must disclose whether the conversion of convertible securities of the investee would have a significant effect on the reported income from the investment.

Question

Quizplus · Accepted Answer

Available-for-Sale securities are not directly related to convertible securities disclosures. Convertible securities disclosures are more relevant to investments in equity securities where conversion could affect ownership percentages and income.

For Available-For-Sale Securities,companies Must Disclose Whether the Conversion of Convertible