Changes in the Composition of a Group Example 3 part b

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  1. Avatar of omerchamp omerchamp says:
    November 26, 2012 at 6:35 am

    Sir Whats do you mean by “less our share of goodwill w3b on disposal”
    not the whole GW
    in my understanding
    (eg our 80% nci 20% and GW 1000) then share of GW is 800 our share?

    • Avatar of MikeLittle MikeLittle says:
      November 26, 2012 at 6:47 am

      @omerchamp, yes, unless it’s proportionally valued nci in which case our share is 1,000.

      In addition, if we’re selling from subsidiary down to associate or lower, the goodwill is all the goodwill attributable to us.

      If we’re selling some shares but keeping a subsidiary ( eg 80% down to 60% ) the goodwill calculation is the proportion of the goodwill which we are selling – so 20 out of the 80. And even then, if nci is proportional, then NO goodwill will be transferred on the part disposal

  2. Avatar of bernardspyii bernardspyii says:
    October 28, 2012 at 4:03 am

    Dear Mike,

    Could you kindly let me know the areas likely come out in Dec., 2012 exam for P2? And briefly what have come out in the last sitting June, 2012 will not likely repeat come out in the coming exam. Am i right.?

    kamking899″gmail.com

  3. Avatar of mmariba2000 mmariba2000 says:
    October 27, 2012 at 11:04 pm

    Hi Mike where di the 15K tax come from? thanks

  4. Avatar of affera affera says:
    May 12, 2012 at 11:35 pm

    this c/f and b/f thingie is quiet confusing specially in working 3 (retaing earning)

    • Avatar of MikeLittle MikeLittle says:
      October 28, 2012 at 8:25 am

      @affera, Oh yes, I agree! The concept of an abbreviation for something as complicated as “brought forward” and “carried forward” must be extremely confusing. Thank Heavens that you’re P2 students and some of you can actually manage to cope with such difficult concepts.

      For those of you who struggle, may I suggest you move to the advanced lectures in the early part of F3 studies where the use of these abbreviations are explained?

  5. Avatar of patama patama says:
    April 9, 2012 at 9:26 pm

    Hi tobiholloway,
    The 175 is from calculating the NCI share of net assets form W2 Net assets =700×25% = 175.

  6. Avatar of tobiholloway tobiholloway says:
    March 7, 2012 at 6:53 am

    pls where did we get the 175 on disposal of nci in the statement of changies in equity

  7. Avatar of zwelim zwelim says:
    January 16, 2012 at 3:19 pm

    Thanks Mike. We really appreciates

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