Group SFP – Other reserves and workings – ACCA Financial Reporting (FR)
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How to calculate NCI share of Revaluation Surplus?
Referring to a question from BPP revision kit (Highveldt), struggling to calculate NCI share of subsidiary’s net assets. Pls help!
Very helpful. Thank you very much.
Thank you, very clear explanation.
What’s the meaning of Net Asset? just the RE @ acquisition or it is RE and share capital @ acquisition.
Net Assets = Equity (Assets – Liabilities)
So the total of all equity items
it will include R/E as its equity part