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NCI calculation Tyslar Dec2015

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › NCI calculation Tyslar Dec2015

  • This topic has 2 replies, 2 voices, and was last updated 8 years ago by michelle.
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    Posts
  • February 21, 2017 at 2:29 pm #373521
    michelle
    Member
    • Topics: 1
    • Replies: 3
    • ☆

    Goodday
    Please help am a bit confused.
    When calculating NCI for Tyslar we included the share of post acquisition of OCE. Why ?

    February 22, 2017 at 1:49 pm #373668
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7163
    • ☆☆☆☆☆

    Hi,

    When we’re calculating the NCI in the subsidiary we need to look at the NCI ownership of the subsidiary’s net assets and what it has earned post-acqusition. The subsidiary will have earned profits and also other comprehensive income since the acquisition and so we need to include both in the NCI calculation.

    Thanks

    February 22, 2017 at 3:26 pm #373689
    michelle
    Member
    • Topics: 1
    • Replies: 3
    • ☆

    Ok thank you

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