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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › CONSOLIDATIONS
I would like for you make a clear distinction between measuring of NCI @ fair value and on proportionate method.
Please be specific also on the effect it will have on the impairment of goodwill when calculating both NCI and Group retained earnings.
Regards
nci on proportionate method, impairment of goodwill? None against the nci, all against the parent entity
Valuation of nci investment at acquisition? Proportionate method – their share of the fair value of the subsidiary’s net assets as at date of acquisition
Not on a proportionate method? Follow the examples in the course notes