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Impairment using proportionate method

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Impairment using proportionate method

  • This topic has 2 replies, 2 voices, and was last updated 4 years ago by Stephen Widberg.
Viewing 3 posts - 1 through 3 (of 3 total)
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  • June 30, 2021 at 7:55 am #626682
    joynow
    Member
    • Topics: 42
    • Replies: 38
    • ☆☆

    Hi, Sir past year question Sep 2019 Q1 b

    In the proportionate method, NCI is ($4m+ $2m )x 20%.
    Why the NCI will use $4m +$2m ?

    Also, the remaining $2m impairment allocated between plant and machinery and intangible, is it derive from overall impairment $30.5- $4 impairment- $19.5 goodwill-4.9 notional goodwill?

    June 30, 2021 at 8:04 am #626685
    joynow
    Member
    • Topics: 42
    • Replies: 38
    • ☆☆

    Under FV method, $24 m ($30m x 80%) attributed to Luploid is debited or credited to Luploid goodwill and the $6m attributed to the NCI in the comprehensive income is minus or plus?

    Thank you.

    June 30, 2021 at 5:18 pm #626716
    Stephen Widberg
    Keymaster
    • Topics: 17
    • Replies: 3447
    • ☆☆☆☆☆

    Please refer to my recorded debrief of this exam.

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  • The topic ‘Impairment using proportionate method’ is closed to new replies.

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