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Brookfield Asset Management Inc. is a global publicly traded Canadian company. Obtain a copy of Brookfield's financial statements for the year ended December 31, 2017, through SEDAR (www.sedar.com) or on the company's website.
Instructions
Review the notes to the statements and answer the following questions.
a. Identify the accounting model or method used for the following Brookfield operating segments' property, plant, and equipment assets: renewable power, infrastructure assets, real estate, and private equity (other) assets. Summarize the changes in each of the types of assets in the property, plant, and equipment group, explaining how the balances changed over the 2017 year.
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