ACC 423 Wk 2 Discussion – Fair Value & Equity

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students.

Due Thursday

Respond to the following in a minimum of 175 words:

Share, in your own words, the difference between the fair value and equity methods of accounting for investments. In what situations would an accountant use one method over the other? What drawbacks, if any, are associated with each method?

Due Monday

Reply to at least two of your classmates. Be constructive and professional in your responses.