• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

June 2025 ACCA Exam Results

Comments & Instant poll >>

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for June 2025 exams.
Get your discount code >>

Calculate NCI at Acquisition without NCI ?

Forums › ACCA Forums › ACCA FA Financial Accounting Forums › Calculate NCI at Acquisition without NCI ?

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • September 2, 2017 at 9:26 pm #405069
    chviet
    Member
    • Topics: 4
    • Replies: 1
    • ☆

    So my classmate went for the exam the other day and she said that they’ve given the shares and retained earnings and asked you to calculate goodwill and NCI but the twist here is there was no FV of NCI @ acquisition give . So is there a reverse calculation in which you can achieve the NCI @ acquisition?

    September 3, 2017 at 11:31 am #405139
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54709
    • ☆☆☆☆☆

    In future you must ask in the Ask the Tutor Forum if you want me to answer – this forum is for students to help each other.

    If you are not given the fair value of the NCI, then you value it based on the cost of the parent company’s shareholding..

    So, for example, if the parent company paid $50,000 for 80% of the shares. Then you would take the fair value of the NIC’s 20% as being 20/80 x $50,000 = $12,500.

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • The topic ‘Calculate NCI at Acquisition without NCI ?’ is closed to new replies.

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • John Moffat on FA Chapter 6 Questions Depreciation
  • Nkhata@48 on CIMA BA3 The Statement of Financial Position and Income Statement (part c)
  • Ruevimbo on AA Chapter 6 Questions
  • shahdiya@780 on FA Chapter 6 Questions Depreciation
  • John Moffat on Accounting for Management – ACCA Management Accounting (MA)

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in