[nhatminh2810]

Hi, I have submitted my slides and and return to My progess in Dashboard but no instructions and peers’ slides appear for review. Am I supposed to wait for few days, thanks?

[nhatminh2810]

Thank you! Cause I see the both ways have their own principle (method 1 share is computed from CGU and method 2 is from NCI perspective) then dont know which is right.

[nhatminh2810]

Hi, could you please show me the correct answer for 2 methods:

e.g.
Acquisition at year start:
FV of NCI at acquisition: 2
FV of NA at acquisition: 5
Goodwill: 7

Profit for the year of subsidiary: 10
Suppose NCI increase from 20 to 30% at year end

Method 1:
Carrying value of CGU at transfer: 7+ 5 + 10 = 22
Transfer to NCI: 22 * 10% = 2.2
NCI at year end: 2 + 10*20% + 2.2 = 6.2

Method 2:
NCI prior to transfer: 2 + 10*20% = 4
Transfer to NCI: 4 * 10%/20% = 2
NCI at year end: 4 + 2 = 6

I expect same results under both methods, please help. Thanks.

[nhatminh2810]

Could you please clarify which method produces correct answer ?

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