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Research two accounting standards for equity investments: SFAS No. 115 and international accounting standards IAS No. 39 and 40. Compare and contrast the pronouncements. Analyze

Research two accounting standards for equity investments: SFAS No. 115 and international accounting standards IAS No. 39 and 40. Compare and contrast the pronouncements. Analyze the conceptual framework of the pronouncement, specifically conservatism, comparability, relevance, neutrality, and representational faithfulness. Compare and contrast the specified accounting standards.

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