Reading 7
Intercorporate Investments
9 modules 32 min
0/9
Exam Focus
There are no shortcuts here. Spend the time necessary to learn how and when to use each method of accounting for intercorporate investments because the probability of this material being tested is high. Be able to determine the effects of each method on the financial statements and ratios.
Pay particular attention to the examples illustrating the difference between the equity method and the acquisition method.
Modules
- Module 7.1ClassificationsDescribe the classification, measurement, and disclosure under International Financial Reporting Standards (IFRS) for 1) investments in financial assets, 2) investments in associates, 3) joint ventures, 4) business combinations, and 5) special purpose and variable interest entities. · Compare and contrast IFRS and US GAAP in their classification, measurement, and disclosure of investments in financial assets, investments in associates, joint ventures, business combinations, and special purpose and variable interest entities.2 min · 2 LOS
- Module 7.2Investments in Financial Assets (IFRS 9)4 min
- Module 7.3Investment in Associates, Part 1, Equity Method6 min
- Module 7.4Investment in Associates, Part 23 min
- Module 7.5Business Combinations: Balance Sheet2 min
- Module 7.6Business Combinations: Income Statement2 min
- Module 7.7Business Combinations: Goodwill6 min
- Module 7.8Joint Ventures2 min
- Module 7.9Special Purpose EntitiesAnalyze how different methods used to account for intercorporate investments affect financial statements and ratios.5 min · 1 LOS