Because of the acquisition of additional investee shares, an investor can choose to change from the fair-value

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Because of the acquisition of additional investee shares, an investor can choose to change from the fair-value method to the equity method. Which procedures are applied to effect this accounting change?

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Advanced Accounting

ISBN: 978-0077431808

10th edition

Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik

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Question Posted: Oct 04, 2014 02:57 AM

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Because of the acquisition of additional investee shares, an investor can choose to change from the fair-value

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FASB ASC Topic 323 requires that a change to the equity method be reflected by a retros...View the full answer

Advanced Accounting

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