· What is the rationale for used the Equity Method for accounting for Investments in the Common Stock of another Corporation?  Describe the accounting for Investments in Common Stock under the Equity Method.  · Compare and contrast the differences in accounting for investments between U.S. GAAP and IFRS.  Remember to include classification and measurements, fair value options, and impairments in your response. ...

1. · What is the rationale for used the Equity Method for
accounting for Investments in the Common Stock of another
Corporation? Describe the accounting for Investments in
Common Stock under the Equity Method.
· Compare and contrast the differences in accounting for
investments between U.S. GAAP and IFRS. Remember to
include classification and measurements, fair value options, and
impairments in your response.