323 Mp4 ❲Extended • 2024❳

: This update allows entities to use the proportional amortization method for equity investments made primarily for income tax credits (e.g., affordable housing projects), providing a more consistent accounting treatment for tax-driven structures.

: The equity method is used when an investor can influence the operating and financial policies of an investee. 323 mp4

Dividends received are recorded as a reduction in the carrying amount of the investment, not as income. : This update allows entities to use the