2010-01-12 Available for Sale Equity Investments – Impairment Reminders

View this page in: Français

This newsletter provides reminders and frequently asked questions relating to impairment of available for sale (AFS) equity securities.

While stock markets have increased from their lows in March 2009, many entities still are reporting losses in accumulated other comprehensive income for individual investments in available for sale equity securities, i.e. the fair value of these investments still is less than their cost basis. For these investments, management should be assessing whether an impairment loss exists that should be recognized in net income. In the attached memorandum, we provide reminders of the key questions that management should be considering in making such assessments.

International Financial Reporting Standards (IFRS)The transition to IFRS can be complicated.

Contact

National Accounting and Assurance

Of further interest

For an indepth analysis of the most notable financial reporting developments, read our bi-annual review, Financial Reporting Release.

Related services

Our Audit and Assurance Services

You are in: Services > Audit and Assurance

© 2010-2012 PwC. All rights reserved. "PwC" refers to the network of member firms of PricewaterhouseCoopers International Limited (PwCIL), or, as the context requires, individual member firms of the PwC network. Each member firm is a separate legal entity and does not act as agent of PwCIL or any other member firm. PwCIL does not provide any services to clients. PwCIL is not responsible or liable for the acts or omissions of any of its member firms nor can it control the exercise of their professional judgment or bind them in any way. No member firm is responsible or liable for the acts or omissions of any other member firm nor can it control the exercise of another member firm's professional judgment or bind another member firm or PwCIL in any way.