• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

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 >>

Dividend paid to nci

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Dividend paid to nci

  • This topic has 2 replies, 2 voices, and was last updated 1 year ago by Stephen Widberg.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • April 27, 2021 at 4:03 pm #618998
    dvamfire
    Member
    • Topics: 36
    • Replies: 29
    • ☆☆

    Hello sir, I would like to ask a question..

    When Subs pay dividend amounting to $10k and Holding co holds 70% shares in Subs.

    So the elimination of intra company div .. i understood. But why there is no impact to nci when subs pay dividend?

    April 28, 2021 at 4:57 am #619023
    dvamfire
    Member
    • Topics: 36
    • Replies: 29
    • ☆☆

    I get confused because there are 2 method to find fv of nci at date of disposal under proportionate goodwill method.

    First method is..
    1. FV of NA @DOD x NCI%

    And

    second method is …
    FV of NCI @ DOA
    Add : Sub’s post profit x nci %

    If the question states the dividend paid is $10000… why we dont take S’s post profit minus dividend? Why only profit after tax?

    April 28, 2021 at 11:39 am #619070
    Stephen Widberg
    Keymaster
    • Topics: 12
    • Replies: 2843
    • ☆☆☆☆☆

    If you are trying to calculate Pre or Post acq profits or Net assets – the rule is that dividends are on a cash not accruals basis (are they paid before or after whatever date you are looking at?)

    I would advise you not to worry too much as, apart from cash flows, there has been no mention of dividends in this exam for many years. The examiner is more interested in testing us on much more disgusting things!

  • Author
    Posts
Viewing 3 posts - 1 through 3 (of 3 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

ACCA News:

 

ACCA My Exam Performance for non-variant Applied Skills exams is available NOW

NEW! Download the ACCA Pass Guide

FREE Verifiable CPD for ACCA Members

ACCA mock exams and debrief videos

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

Donate

If you have benefited from OpenTuition please donate.

ACCA CBE 2023 Exams

Instant Poll * How was your exam, and what was the result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Specially for OpenTuition students

20% off BPP Books

Get BPP Discount Code

Latest comments

  • John Moffat on Introduction to Financial Accounting – ACCA Financial Accounting (FA) lectures
  • John Moffat on PM Chapter 13 Questions Standard Costing and Basic Variance Analysis
  • abdallah254 on FA Chapter 2 Questions The Statement of Financial Position and Statement of Profit or Loss
  • Iby2012 on Introduction to Financial Accounting – ACCA Financial Accounting (FA) lectures
  • Iby2012 on Introduction to Financial Accounting – ACCA Financial Accounting (FA) lectures

Copyright © 2023 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in


We use cookies to show you relevant advertising, find out more: Privacy Policy · Cookie Policy