Question: Auroral Company had the following investments in shares of other companies on December 31, Year 1:
![443_Auroral Company.png](https://secure.tutorsglobe.com/CMSImages/443_Auroral Company.png)
Required: Determine the appropriate method for including each of these investments in Auroral Company's consolidated financial statements:
a. In accordance with IFRS.
b. In accordance with U.S. GAAP.