Investments in securities available for sale are reported at:

Question

Quizplus · Accepted Answer

Securities available for sale are reported at fair value on the reporting date. This means that any changes in the fair value of these securities will be reflected in the financial statements. The fair value of a security is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value of securities available for sale is typically determined by reference to quoted market prices, if available. If quoted market prices are not available, other valuation techniques, such as discounted cash flow analysis or option pricing models, may be used to estimate fair value.

Investments in Securities Available for Sale Are Reported At