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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Consolidated sofp negative goodwill
Hi mike a real question this time!
In the case that negative goodwill has arisen, and say its the companies policy to value the non controlling interest on a full or fair value basis, is there such a thing as the non controlling interests share of negative goodwill? Or is 100% of the negative goodwill always added to the parent companies retained earnings only in the statement of financial position?
Cheers
100% belongs to the parent
Ok?
Thanks
You’re welcome