Equity Accounting Is Argued to Provide

Equity accounting is argued to provide:

A) a more accurate measure of value of the associate than the market value of the shares.
B) an easier to understand measure of value than the lower of cost and net realisable value method.
C) a better reflection of the performance and value of the associate company than the cost method.
D) a theoretically consistent approach that is in line with the conceptual framework.