Accounting for financial instruments and related issues have been an ongoing issue for businesses over the years. As a result the Financial Accounting Standards Board has issued decisions regarding the valuation method to be used. Whether these decisions are truly the best way to value financial instruments is a matter of debate. The first decision dates back to May 1993, when the Financial Accounting Standards Board approved Statement of Financial Accounting Principles No. 115. According to the Financial Accounting Standards Board, this statement addresses the accounting and reporting of investments in equity securities that have readily determinable fair values. and for all investments in debt securities. These investments are classified into one of three different categories. (Financial Accounting Standards Board [FASB], n.d.) Debt securities that a company intends to hold to maturity are classified as “held to maturity” securities. For debt and equity securities purchased and then held for the purpose of being sold in...