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consolidated retained earning and NCI calculations

This topic has 1 reply, 2 voices, and was last updated 6 years ago by John Moffat.

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January 29, 2019 at 5:43 pm #503595
nawal2000
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when we calculate the NCI we are supposed to take the net assets of post acquisition always and for group retained earning the post acq,s profit only right??
January 29, 2019 at 6:45 pm #503611
John Moffat
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The NCI is the value of the NCI at the date of acquisition plus the NCI’s share of the post-acquisition profits.
Please do watch my free lectures on this. The lectures are a complete free course for Paper FA and cover everything needed to be able to pass the exam well.
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