- This topic has 1 reply, 2 voices, and was last updated 2 years ago by .
- You must be logged in to reply to this topic.
Congratulations to Jamil from Pakistan and Jeeva from Malaysia - Global Prize winners!
see all ACCA December 2022 Genius Hunt Competition winners >>
Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>
when going down in ownership but not loosing control we valued the change in nci by simply adding post aq profit to initail fv of nci and doing the caluclation.
But when goin up in ownership we calculated the chnage in nci by taking a percentage from net assets at reporting plus goodwill.
why is that?
No consistency between the way this is applied in questions (or life)
Proportionate goodwill – base change in NCI on % NA
Full goodwill – base change in NCI on % (NA +goodwill)
Remember that the marks now are for explanation not computation – the key point is to state that whatever adjustment is made goes to equity not P&L or OCI