Available-for-sale investment

An available-for-sale investment is a non-derivative asset classification that does not fit into a variety of other classifications. This type of investment is carried on an entity's books at fair value. If there is a change in fair value from period to period, the gain or loss is recorded in equity.

An available-for-sale investment is not classified as held-to-maturity, nor it is a loan, a receivable, or a financial asset at fair value through profit or loss.