Intercorporate Investments (2024 Level II CFA® Exam -FRA-Module 1)

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Topic 3 - Financial Reporting and Analysis
Module 1- Intercorporate Investments
0:00 Introduction and Learning Outcome Statements
3:43 LOS: describe the classification, measurement, and disclosure under
International Financial Reporting Standards (IFRS) for 1) investments in financial assets, 2) investments in associates, 3) joint ventures, 4) business combinations, and 5) special purpose and variable interest entities
39:57 LOS: distinguish between IFRS and US GAAP in the classification, measurement, and disclosure of investments in financial assets, investments in associates, joint ventures, business combinations, and special purpose and variable interest entities
44:50 LOS: analyze how different methods used to account for intercorporate investments affect financial statements and ratios

[@billybeller]

Thank you 🙏🏻

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[@ericvoots]

Just wanted to say thank you for doing these.

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[@stacyliddell5038]

@9:42 there are still practice questions where they use the wording held-to-maturity. You are expected to know that this implies amortized cost valuation.

[@LasVegasImp]

Useful.

[@matthewwashburn4356]

@20:10 If the investment was classified as amortized cost, why would we recognize a gain? Wouldn't the investment sit on the BS until it matured?

[@manoramabhagat1725]

Sir, if the accounting is done on equity method, and the investee subsequently acquire an asset, ( after the initial investment by investor , say last year) how will this new acquired asset be reflected under equity method in the books of investor.
Thanks in advance.

[@stacyliddell5038]

@3:25 isn't there a 5th reason for investing in other companies? To make use of excess cash.

[@prettywitty9051]

Amortized interest income boggles my mind, Is that a real life example