In class we are studying about consolodations. My question is can the amount of gain or loss incurred in acquisition of equity method be effected by the pattern and timing of share acquisitions leading up to the date of obtaining control?

I have learned in my research that the equity method accounting highly increases the appearance of financial standing. Including all investment gains as profit really boosts the income side of the balance sheet. A major advantage to padding this stat is the likelihood of getting loans, raising capital, or getting investors. This would be a benefit, but what about the gail and loss, can that play to your advantage?