Accounting Questions

Please answer these 8 questions:

1)    I1) In at least 150 words; Why do companies invest in securities? What is the cost of an investment in a stock? What is the cost of an investment in a bond? How do the International Financial Reporting Standards affect the reporting of securities in the United States?

2)    (2) (Min 75 words) For stock investments what are the 3 different approaches and when are they used? 

3)    (3) (Min 75 words) Explain why corporations invest in stocks and debt securities.

4)    (4) (Min 75 words) Describe how debt and stock investments are reported in financial statements.

5)    I5) In 150 words; In terms of business acquisitions, what is meant by a controlling interest? How much of a corporation's voting stock would you need to own to maintain a controlling interest of the corporation?

6)    (6) (Min 75 words)  Explain the equity method of accounting?  When would it be used?

7)     7) (Min 75 words)  One topic is accounting for trading and available for sale securities.  Can anyone describe what those types of securities are?  How are they accounted for?

8)    (8) Min 75 words)  Explain the concept of comprehensive income.