Your reference is Accounting Coach as opposed to thinking deeply about accounting standards (and the inherent shortcomings).
No, my references are the accounting standards, along with a formal qualification in finance and accounting, combined with nearly 30 years of trawling through, and studying, financial statements of a wide array of companies.
The reference to "Accounting Coach" was for you.
But, hey, don't shoot me.
For I am merely the messenger, pointing out the relevant facts to you in order to help you emerge from the misapprehensions under which you have been labouring in regards to the way SOL accounts for changes in the fair value of its assortment of investments.
If you are unhappy about the accounting truths that you have learnt, feel free to take it up with the AASB (https://www.aasb.gov.au); they are the clever folk who make the rules by which we have to play.
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SOL Price at posting:
$29.16 Sentiment: None Disclosure: Not Held
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