Let’s say that Mason buys 30% of Churchill’s equity and that Churchill has a single other investor.
How should the Mason group account for its investment in Churchill?
In video I will explore how this investment could be accounted for and explain my reasons.
Justifying your decision, explaining your reasoning, and stating your assumptions all earn marks in SBR - it’s not just jumping to the “correct” answer but demonstrating that you do understand.
Before watching the video, maybe have a think of how you would answer this question!