Obtain the 2015 annual report of FCA Group (www.fcagroup.com), which manufactures Fiat-brand automobiles as well as other
Question:
Obtain the 2015 annual report of FCA Group (www.fcagroup.com), which manufactures Fiat-brand automobiles as well as other products.
Required:
Find FCA's discussion of "Interests in other companies" in the "Significant Accounting Policies" note that follows the financial statements. Is FCA accounting for its equity investments in a way that is consistent with U.S. GAAP? Explain.
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Interests in other companies Interests in other companies are measured at fair value Investments in ...View the full answer
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Related Book For
Intermediate Accounting
ISBN: 9781259722660
9th Edition
Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas
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