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Describe the financial statement disclosures available

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Reference no: EM132587072

Question 1: Should the Equity Method of Accounting be Eliminated from GAAP?

Question 2: Describe the financial statement disclosures available that enable a financial statement user determine the off balance sheet effects of using the equity method. Be sure to include alternatives to the equity method if you believe that the method should be eliminated from GAAP. Provide rationale and evidence to support your argument

Reference no: EM132587072

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