Intercorporate Investments

Free CFA Level II lesson in Financial Statement Analysis. 13 min read, ~1,925 words.

<20% passive: fair value on balance sheet, dividends as income, no share of earnings. 20-50% significant influence: equity method. Carrying value = Cost + Share of NI - Amortization of excess - Dividends. 50% control: acquisition method. Line-by-line consolidation, goodwill on balance sheet. Downstream = parent bears full elimination. Upstream...

Read the full lesson, free →
Worked examples, audio narration, and practice. No signup to read.

What this lesson covers

Learning objectives

Browse all free CFA Level II lessons or jump into free CFA Level II practice questions.