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What the differences between the trading securities and available for sales securities ?

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Question added by Abdullah Aziz Eldain Morsi Elgendy - CMA Candidate , Regional Receivable Accountant , Amiantit Group of Companies
Date Posted: 2017/06/12
Habriel Fring
by Habriel Fring , woba , wobas

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Mudassir Ahmad Durrani
by Mudassir Ahmad Durrani , Facilitation Officer , PRAL owned by Federal Board of Pakistan

They are classified as unrealized holding gains or losses on the income statement, and the counter account on the balance sheet is allowance for adjusted short-term investments to market

Moataz Elsabawy
by Moataz Elsabawy , مدير مالى , مجموعه شركات الانصار

the difference among them is the management intention whether hold the securities for a while ( available for sale ) or selling them over short term ( trading securities ) and another difference when they re-evaluate at the end of the period the result for available for sale appear in other comprehensive income while trading securities appeaer in the income statement .

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