Unrealized gains and losses on available-for-sale securities are reported as a component of other comprehensive income.

Question

Quizplus · Accepted Answer

Unrealized gains and losses on available-for-sale securities are reported as a component of other comprehensive income according to US GAAP and IFRS. This means that they are not included in net income on the income statement, but instead are reported on the balance sheet as accumulated other comprehensive income.

Unrealized Gains and Losses on Available-For-Sale Securities Are Reported as a Component