EQUITY ACCOUNTING Event Hospitality & Entertainment Limited provided the following information in its 2016 annual report. Required Some investors in Event Hospitality & Entertainment Ltd who have limited accounting knowledge, particularly about equity accounting, have asked you to provide a report to them commenting on: 1. the difference between significant influence and control 2. the differences between associates, joint ventures and joint arrangements 3. how the date of significant influence is determined 4. what is meant by the term unrealised gains and losses and why they are eliminated.