Accounting for debt securities held by corporates

PwC's accounting podcast

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We kick off our miniseries on loans and investments with an episode on accounting for debt securities for corporate entities. We discuss key considerations applicable to corporates and share insights on some of the more complex areas.
In this episode, we discuss:

• 5:31 – Identifying the applicable accounting guidance
• 13:24 – Instruments that qualify as cash equivalents
• 22:07 – Classification of debt securities and the accounting implications
• 31:36 – Valuation of debt securities
• 36:33 – Financial statement presentation considerations

For more information, see chapter 3 of our Loans and investments guide. Additionally, follow this podcast on your favorite podcast app for more episodes.
Bret Dooley is a Deputy Chief Accountant in PwC’s National Office who leads teams focused on the financial services sectors and accounting for financial instruments. He has over 25 years of experience in the financial services, banking, and capital markets industries. Bret focuses on emerging financial reporting issues related to financial instruments, developing interpretive guidance, and assisting clients in resolving complex accounting matters.
Christopher Gerdau is a partner in PwC’s National Office specializing in accounting for financial instruments and banking-related topics. Chris also conducts technical reviews of SEC filings and provides technical support to PwC’s practice offices. Chris’s client service expertise includes the banking, capital markets, and insurance industries.
Heather Horn is the PwC National Office Sustainability and Thought Leader, responsible for developing our communications strategy and conveying firm positions on accounting, financial reporting, and sustainability matters. In addition, she is part of PwC’s global sustainability leadership team, developing interpretive guidance and consulting with companies as they transition from voluntary to mandatory sustainability reporting. She is also the engaging host of PwC’s accounting and reporting weekly podcast and quarterly webcast series.
Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to [e-mail].

Chapters

1. Accounting for debt securities held by corporates (00:00:00)

2. Identifying the applicable accounting guidance (00:05:31)

3. Instruments that qualify as cash equivalents (00:13:24)

4. Classification of debt securities and the accounting implications (00:22:07)

5. Valuation of debt securities (00:31:36)

6. Financial statement presentation considerations (00:36:33)