Wiley GAAP 2018, 16th Edition

20ASC 320 Investments—Debt Securities¹

1. Perspective and Issues
   1. Technical Alert
      1. ASU 2016-01
      2. ASU 2016-13
   2. Investment Topics
   3. Subtopics
   4. Scope and Scope Exceptions
   5. Overview
2. Definitions of Terms
3. Concepts, Rules, and Examples
   1. Classification of Debt Securities
      1. Exhibit—Classification of Debt Securities
      2. Presentation
   2. Held-to-Maturity Debt Securities
      1. Changes Consistent with the Held-to-Maturity Category
      2. Transfers
      3. Sales after a Substantial Portion of Principal is Collected
         1. Example of Held-to-Maturity Debt Securities
   3. Trading Securities
      1. Example of Accounting for Trading Securities
      2. Example of Accounting for a Realized Gain on Trading Securities
   4. Available-for-Sale Securities
      1. Example of Available-for-Sale Debt Securities
   5. Transfers Between Categories
      1. Measurement
   6. Other-than-Temporary Impairment (OTTI)
      1. Scope
      2. Steps to Determine Existence and Accounting for Impairment
      3. Unit of Accounting
      4. Step 1—Determine whether the Investment is Impaired
      5. Step 2—Evaluate whether the Impairment is Other-than-Temporary
      6. Recognition of an Other-than-Temporary Impairment
      7. Subsequent Measurement after Recognition of an OTTI
      8. Income Statement Presentation
         1. Example of Income Statement Presentation of OTTI
      9. Subsequent Accounting for Debt Securities after Recognition of OTTI
   7. Changes in Fair Value Measurements After Year-end—Reporting and Disclosures
   8. Other Issues

Perspective and Issues

Technical Alert

The FASB has an ongoing financial instruments project. As part of this project, in January 2016, ...