[Shipin]

Thanks John for the Prompt Answer. I am trying to understand in a more layman terms.
I thought that the Goodwill is the amount that the company had given after reducing the net assets of the subsidiary. I thought that the Shares in the net assets cover the Non controlling interests too.

Net asset calculation of Subsidiary
At Acquisition Date At Reporting Date
Share Amount $$ $$
Share Premium $$ $$
Retained Earnings $$ $$

Isn’t the Non Controlling interest are a part of Shares before it became non controlling interest. Then why do we have to consider the FV of the non controlling interests.
Sorry if my question is confusing.

[Author]

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