Intermediate Accounting, Eleventh Canadian Kieso, Weygandt, Warfield, Young, Wiecek, McConomy
Edition
CHAPTER 9
INVESTMENTS
ASSIGNMENT CLASSIFICATION TABLE
Brief
Topics Exercises Exercises Problems
1. Understanding investments 1, 2 1, 24 1, 8, 9, 11, 12,
15, 16
2. Debt/equity securities: 14
(a) cost/amortized cost model
- equity securities 3 16, 18 5, 11
- debt securities 4, 5, 6, 7 2, 3, 4, 6 3, 6, 10, 16
(b) fair value through net income (FV-NI)
model
- equity securities 8 7, 9, 10, 11, 16, 1, 2, 10, 11, 13,
18, 20 14, 16
- debt securities 9, 10 5, 6, 8, 18 2, 3, 6, 10, 16
(c) fair value through other 11, 12, 13 10, 11, 12, 13, 4, 5, 7, 8, 9, 10,
comprehensive income (FV-OCI) 14, 15, 16, 19, 11, 12, 13, 14,
model 22 15, 16
3. Impairments 15, 16, 17, 18, 17, 18, 19, 21,
19 23, 25
4. Investments in associates
(a) equity method 20, 21, 23 20, 21, 22, 23, 11, 13, 14, 16
24, 25, 26
(b) other 22 20 11, 4
5. Investments in subsidiaries 23
Solutions Manual 9-1 Chapter 9
Copyright © 2016 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is strictly prohibited.
, Intermediate Accounting, Eleventh Canadian Kieso, Weygandt, Warfield, Young, Wiecek, McConomy
Edition
ASSIGNMENT CLASSIFICATION TABLE (CONTINUED)
Brief
Topics Exercises Exercises Problems
6. Analysis, disclosures, reporting and 14, 24 14, 24, 26 1, 4, 5, 9, 11,
statement presentation 12, 13, 14, 15,
16
7. IFRS and ASPE comparison
Solutions Manual 9-2 Chapter 9
Copyright © 2016 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is strictly prohibited.
, Intermediate Accounting, Eleventh Canadian Kieso, Weygandt, Warfield, Young, Wiecek, McConomy
Edition
ASSIGNMENT CHARACTERISTICS TABLE
Level of Time
Item Description Difficulty (minutes)
E9-1 Investment classifications. Difficult 30-40
E9-2 Entries for cost/amortized cost investments. Simple 10-15
E9-3 Entries for cost/amortized cost investments. Simple 25-30
E9-4 Entries for cost/amortized cost investments. Simple 20-25
E9-5 Entries for fair value through net income Simple 20-25
investments in bonds; separate interest.
E9-6 Investments in debt instruments accounted for Moderate 35-40
using fair value through net income; also at
amortized cost.
E9-7 Fair value through net income investment Simple 10-15
model entries.
E9-8 Investments in debt instruments accounted for Moderate 25-30
using fair value through net income; interest
not reported separately
E9-9 Entries for fair value through net income Simple 15-20
investments in shares; transaction costs.
E9-10 Entries for fair value through net income and Simple 10-15
fair value through other comprehensive
income equity investments.
E9-11 Equity securities entries – FV-NI and FV-OCI. Moderate 25-35
E9-12 Debt Investment entries – FV-OCI – bond Simple 15-20
amortization
E9-13 Debt Investment entries – FV-OCI – fair value Simple 15-20
adjustments
E9-14 FV-OCI investment entries, financial Simple 25-30
statement presentation.
E9-15 FV-OCI equity entries; determine AOCI Simple 15-20
balance
E9-16 Cost, FV-NI, FV-OCI entries, effects and Moderate 30-35
comparison
E9-17 Impairment of debt investment and recovery of Moderate 20-25
value under ASPE, IFRS 9 (amortized cost)
E9-18 Impairment of debt investment and recovery of Moderate 30-35
value under FV-NI; also ASPE, IFRS 9, if
amortized cost
E9-19 Impairment entries for equity investments Difficult 35-40
using IAS 9 2 different situations and under
ASPE for one situation
E9-20 ASPE with and without significant influence Simple 20-25
E9-21 Equity method Simple 10-15
E9-22 Fair value and equity method compared. Simple 15-20
Solutions Manual 9-3 Chapter 9
Copyright © 2016 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is strictly prohibited.
, Kieso, Weygandt, Warfield, Young, Wiecek, McConomy
Intermediate Accounting, Eleventh Canadian
E9-23
Edition Long-term equity investments and impairment Moderate 25-35
Solutions Manual 9-4 Chapter 9
Copyright © 2016 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is strictly prohibited.
Edition
CHAPTER 9
INVESTMENTS
ASSIGNMENT CLASSIFICATION TABLE
Brief
Topics Exercises Exercises Problems
1. Understanding investments 1, 2 1, 24 1, 8, 9, 11, 12,
15, 16
2. Debt/equity securities: 14
(a) cost/amortized cost model
- equity securities 3 16, 18 5, 11
- debt securities 4, 5, 6, 7 2, 3, 4, 6 3, 6, 10, 16
(b) fair value through net income (FV-NI)
model
- equity securities 8 7, 9, 10, 11, 16, 1, 2, 10, 11, 13,
18, 20 14, 16
- debt securities 9, 10 5, 6, 8, 18 2, 3, 6, 10, 16
(c) fair value through other 11, 12, 13 10, 11, 12, 13, 4, 5, 7, 8, 9, 10,
comprehensive income (FV-OCI) 14, 15, 16, 19, 11, 12, 13, 14,
model 22 15, 16
3. Impairments 15, 16, 17, 18, 17, 18, 19, 21,
19 23, 25
4. Investments in associates
(a) equity method 20, 21, 23 20, 21, 22, 23, 11, 13, 14, 16
24, 25, 26
(b) other 22 20 11, 4
5. Investments in subsidiaries 23
Solutions Manual 9-1 Chapter 9
Copyright © 2016 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is strictly prohibited.
, Intermediate Accounting, Eleventh Canadian Kieso, Weygandt, Warfield, Young, Wiecek, McConomy
Edition
ASSIGNMENT CLASSIFICATION TABLE (CONTINUED)
Brief
Topics Exercises Exercises Problems
6. Analysis, disclosures, reporting and 14, 24 14, 24, 26 1, 4, 5, 9, 11,
statement presentation 12, 13, 14, 15,
16
7. IFRS and ASPE comparison
Solutions Manual 9-2 Chapter 9
Copyright © 2016 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is strictly prohibited.
, Intermediate Accounting, Eleventh Canadian Kieso, Weygandt, Warfield, Young, Wiecek, McConomy
Edition
ASSIGNMENT CHARACTERISTICS TABLE
Level of Time
Item Description Difficulty (minutes)
E9-1 Investment classifications. Difficult 30-40
E9-2 Entries for cost/amortized cost investments. Simple 10-15
E9-3 Entries for cost/amortized cost investments. Simple 25-30
E9-4 Entries for cost/amortized cost investments. Simple 20-25
E9-5 Entries for fair value through net income Simple 20-25
investments in bonds; separate interest.
E9-6 Investments in debt instruments accounted for Moderate 35-40
using fair value through net income; also at
amortized cost.
E9-7 Fair value through net income investment Simple 10-15
model entries.
E9-8 Investments in debt instruments accounted for Moderate 25-30
using fair value through net income; interest
not reported separately
E9-9 Entries for fair value through net income Simple 15-20
investments in shares; transaction costs.
E9-10 Entries for fair value through net income and Simple 10-15
fair value through other comprehensive
income equity investments.
E9-11 Equity securities entries – FV-NI and FV-OCI. Moderate 25-35
E9-12 Debt Investment entries – FV-OCI – bond Simple 15-20
amortization
E9-13 Debt Investment entries – FV-OCI – fair value Simple 15-20
adjustments
E9-14 FV-OCI investment entries, financial Simple 25-30
statement presentation.
E9-15 FV-OCI equity entries; determine AOCI Simple 15-20
balance
E9-16 Cost, FV-NI, FV-OCI entries, effects and Moderate 30-35
comparison
E9-17 Impairment of debt investment and recovery of Moderate 20-25
value under ASPE, IFRS 9 (amortized cost)
E9-18 Impairment of debt investment and recovery of Moderate 30-35
value under FV-NI; also ASPE, IFRS 9, if
amortized cost
E9-19 Impairment entries for equity investments Difficult 35-40
using IAS 9 2 different situations and under
ASPE for one situation
E9-20 ASPE with and without significant influence Simple 20-25
E9-21 Equity method Simple 10-15
E9-22 Fair value and equity method compared. Simple 15-20
Solutions Manual 9-3 Chapter 9
Copyright © 2016 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is strictly prohibited.
, Kieso, Weygandt, Warfield, Young, Wiecek, McConomy
Intermediate Accounting, Eleventh Canadian
E9-23
Edition Long-term equity investments and impairment Moderate 25-35
Solutions Manual 9-4 Chapter 9
Copyright © 2016 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is strictly prohibited.
