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Please respond to the following: Provide at least two reasons and support your rationale for the U.S. GAAP treatment of reporting additional investments in subsidiaries

Please respond to the following:

  • Provide at least two reasons and support your rationale for the U.S. GAAP treatment of reporting additional investments in subsidiaries when the parent establishes control compared to the IFRS treatment, such as evaluating the usefulness to investors of the post-control step acquisitions.

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