**Equity method vs consolidation**

CFA Level II FRA
#1

In case of exactly 50% ownership to associate:

  1. How is it possible to have control, rather than influence?
  2. Why will net income be the same in both one-line consolidation and in full consolidation?
#2
  1. You might have 75% of the votes on the board of directors.
  2. Do a couple of examples and you will see.