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Alibaba Group Initial Public Offering: A Case Study of Financial Reporting Issues 455 12. Research FASB ASC Topic 323 (FASB 2014c) (and 320 [FASB 2014b])

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Alibaba Group Initial Public Offering: A Case Study of Financial Reporting Issues 455 12. Research FASB ASC Topic 323 (FASB 2014c) (and 320 [FASB 2014b]) in the accounting for investments to answer the following questions related to Yahool's investment (assume the fair value option is not elected): a. How should Yahoo! recognize and measure its 46 percent ownership in Alibaba Group for the fiscal year ended December 31, 2005? b. How should Yahoo! recognize and measure its 24 percent ownership in Alibaba Group for the year ended December 31, 2012? c. How should Yahoo! recognize and measure its 15 percent ownership in Alibaba Group for the year ended December 31, 2014

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