A company is required to disclose for Held-to-Maturity debt securities the aggregate fair value and the change in the net unrealized holding gains or loss to be included in the income statement.

Question

Quizplus · Accepted Answer

Held-to-Maturity debt securities are reported at amortized cost, not fair value. Therefore, the disclosure requirement for the aggregate fair value and change in unrealized gains or losses does not apply to Held-to-Maturity securities.

A Company Is Required to Disclose for Held-To-Maturity Debt Securities