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About NCI's Goodwill Impairment

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › About NCI's Goodwill Impairment

  • This topic has 1 reply, 2 voices, and was last updated 11 years ago by MikeLittle.
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  • May 21, 2014 at 4:00 am #169757
    zhaoyunyi
    Member
    • Topics: 21
    • Replies: 6
    • ☆

    In preparing the CSoFP W4 we need to deduct the impairment attributable to NCI to get the NCI value in CSoFP.
    e.g. NCI owns 25% shares of the subsidiary, however, the NCI’s goodwill is 40% of the total goodwill(maybe in the question, it tells us the goodwill of NCI). Then in this case we should attribute the total goodwill impairment to NCI using 25% or 40%??
    Thanks

    May 21, 2014 at 11:07 am #169846
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23359
    • ☆☆☆☆☆

    25% – goodwill is impaired on a share-holding pro-rata basis

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