Provide an Example of How the Employment Relationship Has Changed

question 55

Essay

Provide an example of how the employment relationship has changed, and how this might affect the choice of a control system.

Understand how to account for changes in ownership percentages and their impact on the equity method.

Recognize how intra-entity transactions affect the investment account under the equity method.

Determine the appropriate accounting treatment for downward and upward adjustments in the value of investments.

Recognize the accounting treatments for gains and losses under the equity method.