Chapter 20 - Assignment 19 Help Save & Exit Submit Companies often invest in the common stock of other corporations. The way we report these investments depends on the nature of the investment and the investor's motivation for the investment. The FASB Accounting Standards Codification represents the single source of authoritative US generally accepted accounting principles Required: 2. What is the specific citation that describes how to account for a change in the level of ownership to a percentage that will mandate use of the equity method for investments in common stock? Requirement Topi Sub topit Section Paragraph