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This forum consists of three parts: (1) Under IFRS No. 9 , which reporting categories are used to account for debt investments? What about for

This forum consists of three parts:

(1) Under IFRS No. 9, which reporting categories are used to account for debt investments? What about for equity investments when the investor lacks the ability to significantly influence the operations of the investee?

(2) DO U.S. GAAP and IFRS differ in the amount of flexibility that companies have in electing the fair value option? Explain.

(3) How does IFRS differ from U.S. GAAP with respect to using the equity method?

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