Debt and Equity Investments, accounting homework help

there are a variety of authorities accounting pronouncement dealing with debtand equity. From the e-Activity, summarize the current accounting treatment forinvestments in debt and equity securities. Identity three (3) issues withimplementation that the Emergency Issues Task Force (EITF) has addressed.Recommend a way in which one could overcome these implementation issues.Imagine that you are an investment analyst for your organization and areresponsible for the company’s investment portfolio. However, the president ofthe company is not familiar with the various classifications of investments.Your organization has tasked you with presenting a report to the president thatcompares and contrasts trading securities and available for sale for securities,and the impact the securities have on the financial statements. Also, include inyour report a brief explanation of the accounting treatment for unrealized gainsand losses and stress to management the importance of maintaining a portfolio ofcurrent and non-current securitiesWeek 1 eActivityReview the authoritative literature on Statement of Financial AccountingStandards (SFAS) 115 at the FASB Website, located at http://www.FASB.org.Note: Click “advance search”, type in “SFAS 115”, for searchoptions select “All”, and click the arrow to begin the search. Be prepared todiscuss.