[hopeful_cpa]

I need some clarification on whether or not Available for sale securities are classified as an operating activity or an investing activity?

If I am correct, trading securities are in operating activity and AFS are in investing.

Please correct me if I am wrong.

Thanks in advance.

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[Anonymous]

As far as I know, you are right!

[mgoloubenko]

I think you are right, available- for- sale can be current or non-current, depending on management's intentions. Therefore, they are designated as investing activities while trading securities are short- term and appear directly on the income statement.

FAR 4/9/12- PASSED
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[Author]

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