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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › FV of NCI
Is it true that:
1) FV of NCI using net assets method consist of Total Equity items multiplied with NCI share of subsidiary net assets?
2) FV of NCI using Fair value method only consist of two items which defines the market value of the subsidiary owned by the NCI and they are share capital plus NCI shares of subsidiary Post-Acquisition profits?
3) Could you explain whàt items consist of FV of NCI and what exactly are they? I have trouble understanding how can we measure the FV of NCI?
Please explain
All that is relevant for Paper FA is as explained in my free lectures on group accounts.
What you are asking is relevant to Paper FR, not FA 🙂