Open-end mutual funds. Note that equity securities without readily determinable fair values should be reported at estimated fair value when held by governmental external investment pools, defined benefit pension plans and IRC Section 457 deferred compensation plans. Seized debt securities that a government holds as evidence or as potential fine. Contractors' deposits of debt securities. Trade accounts receivable arising from sales or credit.
Loans receivable arising from real estate lending activities.
Receivables that do not meet the definition of a security. Short sales of securities. Real estate not held by external investment pools, IRC Section 457 deferred compensation plans and defined benefit pension plans. For investments subject to fair value reporting, all investment income, including changes in fair value and realized gains and losses shall be recognized as revenue on the operating statement. Agencies shall disclose to SARS instances where income from investments is directly recognized in a fund other than the fund that holds the investments.