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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Fair value of non-controlling interest
As I was attempting the chapter 23 quiz, I ran into this term.
Could you please explain what fair value of non-controlling interest and how it is related to fair value adjustment?
In the answers provided, in order to calculate the Goodwill arising, it added the cost of investment and fair value of non controlling assets then compared with share capital and pre acquisition retained earnings.
Could you please explain this (although it would be explained, if I understand the meaning of fair value of non-controlling interest )
Thank you so much!
All of this is explained in my free lectures, and I cannot type them all out here 🙂
The lectures are a complete free course for Paper F3 and cover everything needed to be able to pass the exam well.