Professors Denise Jones and Kimberly Smith received a competitive research grant from the International Association for Accounting Education and Research (IAAER), KPMG LLP and the KMPG Foundation as part of the Informing the IASB Standard Setting Process Research Program. Their project "Do Gains and Losses on Available-for-Sale Securities Reverse?" investigates whether certain types of gains and losses reverse, and whether they reverse in similar ways. This program supports scholarly research directed at informing the International Accounting Standards Board's (IASB's) decision process on current agenda items. Jones and Smith presented their research findings to the IASB most recently in March 2017.
If you want to see it, the IAAER site is http://www.iaaer.org/pages/kpmg_iasb. Check out Round 5 recipients to find us.