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  • University Of Toronto (U Of T )
  • Accounting And Finance
  • SCS0914
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47 pages
2025/2026 Written for academic year
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University Of Toronto (U Of T )
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SCS0914
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Learning Objectives After studying this chapter, you should be able to do the following: LO1 Describe the main changes in the reporting of equity investments over the past 20 years. LO2 Distinguish between the various types of equity investments measured at fair value. LO3 Prepare journal entries to account for investments reported at cost and using the equity method. LO4 Evaluate relevant factors to determine whether an investor has significant influence over an investee. LO5 Analyze and interpret financial statements involving investments in equity securities. LO6 Identify some of the differences between IFRS and ASPE for investments in equity securities.

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,Acquisition Cost 600,000
Net Income 2017 25,000
Dividend 2017 (5,000)
Net Income 2018 50,000
Dividend 2018 (2,500)
Investment at 31 Dec 2018 667,500

,
, 1.) FV of Insor at the date of acquisition 215,000
Add: Investment Income 16,000
Less: Dividend (1,200)
Investment value end of 2021 229,800


2.) FV of Insor at the date of acquisition 215,000
Add: Investment Income 16,000
Less: Dividend (1,200)
Investment value end of 2021 229,800
Less 2022 loss (26,000)
Investment value end of 2022 203,800

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Accounting and Finance
Uploaded on
February 4, 2026
Number of pages
47
Written in
2025/2026
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Class notes
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Scs0914
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