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Determine whether equity investments should be reported

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Reference no: EM131870567

Question - "Fair Value Accounting" Please respond to the following:

Companies have the option of reporting some financial instruments at fair value and fair value reporting is required for some other financial instruments. IFRS 9 will retain mixed reporting. Discuss whether all financial instruments be recorded at fair value. Provide a rationale with your response.

Determine whether equity investments should be reported at fair value instead of costs. Provide a rationale with your response.

Reference no: EM131870567

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