Revision as of 13:27, 9 July 2010 edit 208.65.192.1 (talk) FAS 133 only deals with derivative instruments -- AFS securities are described and dealth with primarily in 115, though 159 amends it slightly. ← Previous edit		Revision as of 13:27, 9 July 2010 edit undo 208.65.192.1 (talk) No edit summary Next edit →
Line 2: '''Available for sale''' (AFS) is an accounting [[term]] used to classify financial assets. AFS is one of the three general classifications, along with '''held for trading''' and '''held to maturity''', under [[U.S. generally accepted accounting principles\|United States of America (U.S.) generally accepted accounting principles]] (US GAAP), specifically, the [[List_of_FASB_pronouncements\|FASB 115~~\|_of_FASB_pronouncements~~]]. The [[International Financial Reporting Standards\|IFRS]] also includes a fourth classification: [[loans]] and [[receivables]]. ==US GAAP Treatment==

Available for sale: Difference between revisions