Question
Alibaba Group Initial Public Offering: A Case Study of Financial Reporting Issues Qing L. Burke Tim V. Eaton Miami University needs codification references Q7. Research
Alibaba Group Initial Public Offering: A Case Study of Financial Reporting Issues Qing L. Burke Tim V. Eaton Miami University
needs codification references
Q7. Research FASB ASC Topic 323 (FASB 2014c) (and 320 [FASB 2014b]) in the accounting for investments to answer the following questions related to Yahoo!s investment (assume the fair value option is not elected):
How should Yahoo! recognize and measure its 46 percent ownership in Alibaba Group for the fiscal year ended December 31, 2005?
How should Yahoo! recognize and measure its 24 percent ownership in Alibaba Group for the year ended December 31, 2012?
How should Yahoo! recognize and measure its 15 percent ownership in Alibaba Group for the year ended December 31, 2014?
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Basic Accounting Concepts Principles And Procedures Volume 2
Authors: Gregory Mostyn, Worthy And James
1st Edition
0979149495, 9780979149498
