Research Case $12-6$

Obtain the $2019$ annual report of the FCA group $($archive at www$.$stellantis.com$)$ which manufactures Fiat$-$brand automobiles as well as other products.

Required:

Find FCA$$s discussion of the Basis of Consolidation in the significant accounting policies note that follows the financial statements. Is FCA accounting for its equity investments in a way that is consistent with US GAAP in effect in $2019?$ Explanation.