Why we take complete impairment of goodwill in income statement while in retained earnings only the group share?
Ask the Tutor ACCA SBR
Consolidation Disposal Scenario
Hi,
It is because we control the subsidiary and we consolidate 100% of the subsidiary to show control.
We do then split out the ownership similar to what we do in the groups SFP with our allocation of the group profit attributable to the parent and NCI at the bottom of the group SFP.
Thanks
thanks i understand
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