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- This topic has 3 replies, 2 voices, and was last updated 8 years ago by MikeLittle.
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- October 21, 2015 at 4:10 am #277961
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
————————-
……………………..Xif the proportionate method is used to value NCI, there is no gw attributable to NCI. correct?
October 21, 2015 at 8:19 am #278010“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?
October 21, 2015 at 8:21 am #278012yup…. taken…. thanks
October 21, 2015 at 8:30 am #278018You’re welcome
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