The FASB has recently been considering changes to the requirements to the equity method accounting. There would
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The FASB has recently been considering changes to the requirements to the equity method accounting. There would be a new criterion that "the investment is related to the investor's consolidated business". Without that relationship, the equity method would Not be used, but rather the fair market value would be recorded, even when there is significant influence on investee.
Do you agree with this new criterion? Why? Argue on both sides/ argue in the affirmative.
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Project Management A Systems Approach to Planning Scheduling and Controlling
ISBN: 978-0470278703
10th Edition
Authors: Harold Kerzner
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