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I can certainly see why companies may have an issue with GAAP's treatment of additional...

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Accounting

I can certainly see why companies may have an issue with GAAP's treatment of additional investments in subsidiaries when control has been previously established. The fair value at the time of acquisition may not accurately reflect long-term value in investments in subsidiaries. However, I think the benefit of this treatment by GAAP is that it provides consistency in financial reporting and comparison of firms. What do you think about this statement? Do you agree or disagree

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