Search within this section
Select a section below and enter your search term, or to search all click Accounting and reporting manual (ARM)
Favorited Content
.112 Reverse repurchase agreements
Publication date: 27 Jul 2018
us Investment companies ARM 9652.112
TIS Section 6910.22 has clarified the presentation of reverse repurchase agreements to indicate that these items should be presented as amounts payable because reverse repurchase agreements represent a fixed, determinable obligation of the investment company. A reverse repurchase agreement denominated in a foreign currency should be translated at the current exchange rate.
PwC. All rights reserved. PwC refers to the US member firm or one of its subsidiaries or affiliates, and may sometimes refer to the PwC network. Each member firm is a separate legal entity. Please see www.pwc.com/structure for further details. This content is for general information purposes only, and should not be used as a substitute for consultation with professional advisors.
Link copied
