View ACCA SBR lectures Download SBR notes
Technical Problems
If you can't download lecture notes or have problems with watching lectures please visit the support page>>Donate
If you find OpenTuition study materials useful in your studies, please consider making a donation - it will help us enormously to be able to expand and improve the resources that we offer.
Donate here
Comments
Leave a Reply
You must be logged in to post a comment.
Hi,
If we are no longer consolidating then we are removing the net assets and goodwill, i.e. the entire subsidiary, from the group accounts. To calculate the group profit or loss on disposal we need to look at what the entire subsidiary is worth, so we don’t just look at the proceeds as this is what we get for selling our shareholding, we also need to look at the value of what we do no own (the NCI) and add this to the proceeds to get the value of the entire subsidiary.
Thanks
Hi Sir, I dint get how NCI is added back to proceeds while disposing subsidiary