Class 12 Accounts Notes: Accounting for Marketable Securities Notes PDF Download

Class 12 Accounts Notes: Time Value of Money Notes PDF Download

Accounting for Marketable Securities
Understand when accounting departs from
the “transactions- based” model and
towards market-driven valuations
„ Illustrate the role of judgment in applying
the lower-of-cost- or-market (LCM) rule for
inventory
„ Understand how marketable securities are
valued on companies’ Balance Sheets
„ Understand the Income Statement effects
of valuation adjustments

Total Pages – 17

PDF Size –  194 KB