AFS debt securities and the new credit loss model
Is a DCF required for AFS securities under the new FI credit loss standard? Hear PwC’s Edward Lee describe this important question raised by many practitioners during application of the new standard and share his perspectives. He also addressed situations when a company has multiple positions in the same security, but classifies some as held to maturity and some as available for sale.
Learn more at PwC.com - http://pwc.to/2l5Bk8F