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Group Accounts The Consolidated Statement of Financial Position (2a)
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Please respond ASAP!
Why are we not considering only 60% of Retained earnings for goodwill calculation? Why are we considering the whole amount of $6,000?
@souganthika,
Should we consider the % owned of share capital and retained earnings for calculation of goodwill only if information about Fair Value of NCI is not given? Please respond!
@souganthika, I’m not sure I understand the question. Whether it’s a proportional issue or a full fair value issue, we still need to iclude the nci’s investment in the calculation of goodwill
By the way, instead of saying “Please respond”, why not post your question on “Ask the tutor”? It’s only by chance that I happen to log on and see “recent posts”
@MikeLittle, Sure! Thanks for the help anyway!
@MikeLittle, But there IS no Ask the Tutor section for F3? Help!
@souganthika, Because that’s the way the examiner wants you to do it
Dear Sir, why didn’t we add 40% of share capital while calculating non controlling interest in example 2?
it is likely just me but, why at minute 20 share capital of S is 20000,while in previous example we’ve checked our % (it was 80% of 10000), looks like when we have non-controlling interest given, we ignore our % calculation for goodwill?
@iberserki, My bad Fair value of NCI was 2000 so it all makes sense.
This is interesting, thanks!
I have no regret studying from OpenTuition. A great work has been done. Kudos and God bless u very much
Could anybody tell me why is this video not playing?
@sedrak, Please visit the support page: http://opentuition.com/support/
J Morgan teaches very well.
@williamansah, Who is J Morgan?
@johnmoffat, WHO is J MORGAN?? LOL!!
@williamansah, i mean John Moffat teaches well.
I am glad to know your videos are compatible with iPad now
slow player…..:(
slow your internet connection…
@admin, no i have 4mb connection but it takes tome to load then other videos
@jazibali, lecture plays fine,
good explanation
Nice Lecture and I liked that. Thank you OpenTution!!!!!!!