when fair value is used to value NCI, the goodwill shown in the csofp also contains a figure for goodwill that is attributable to nci.
my question: why dont we deduct the gw attributable to nci? but i guess that wd just be a presentation issue right?
GW Acquirer ..... X
GW NCi ............ X
-------------------------
..........................X
if the proportionate method is used to value NCI, there is no gw attributable to NCI. correct?
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Goodwill
"if the proportionate method is used to value NCI, there is no gw attributable to NCI. correct?"
Correct
And if you're thinking of showing nci-attributable goodwill separately, why not also show the nci-TNCA attributable separately and how much of the Receivables figure is attributable to the nci
In fact, you could have an entire nci-attributable statement of financial position if you wanted!
Point taken?
yup.... taken.... thanks
You're welcome
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