Sorry, you need to enable JavaScript to visit this website.

Title: Section 442.15 - Long-term security investments

442.15 Long-term security investments. (1350) Long-term security investments are to be valued at hospital cost if purchased or, if acquired by donation, at the fair market value at the date of the gift. If there is evidence of a permanent decline in value, an appropriate reduction in carrying value must be made by charging the necessary expense account(s). The market value of long-term security investments at year-end must be disclosed.
 

Volume

VOLUME C (Title 10)

up