# ASC 320-946-S45: Investments—Debt Securities — Financial Services—Investment Companies — SEC 45 Other Presentation Matters

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/320/946/#sec-45-other-presentation-matters)

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## ASC 320-946-S45: SEC 45 Other Presentation Matters

[Read section](https://asc.understandingaccounting.org/asc/320/946/#sec-45-other-presentation-matters)

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##### [320-946-S45-1](https://asc.understandingaccounting.org/asc/320/946/#320-946-S45-1)

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See paragraph [946-10-S99-3](https://asc.understandingaccounting.org/asc/946/10/#946-10-S99-3), Regulation S-X Rule 6-03(d), for requirements for the presentation of investments at value.

#### Accounting for Interest Collected on Defaulted Bonds

##### [320-946-S45-2](https://asc.understandingaccounting.org/asc/320/946/#320-946-S45-2)

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See paragraph [946-320-S99-9A](https://asc.understandingaccounting.org/asc/320/946/#320-946-S99-9A), CFRR 404.02, for SEC views on accounting for purchased defaulted bonds with defaulted interest coupons attached.