Companies often invest in the common stock of other corporations. The way we report these investments depends on the nature of the investment and the investors motivation for the investment. The FASB Accounting Standards Codification represents the single source of authoritative U.S. generally accepted accounting principles. Required: 2. What is the specific citation that describes how to account for a change in the level of ownership to a percentage that will mandate use of the equity method for investments in common stock?

Companies often invest in the common stock of other corporations. The way we report these investments depends on the nature of the investment and the investors motivation for the investment. The FASB Accounting Standards Codification represents the single source of authoritative U.S. generally accepted accounting principles. Required: 2. What is the specific citation that describes how to account for a change in the level of ownership to a percentage that will mandate use of the equity method for investments in common stock?

requirment topic subtopic section paragraph

1 ? ? ? ?