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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Goodwill Impairment NCI @ FV
Hi
BPP Exam kit Q311 Plastik Co
When calculating group retained earnings – can you please advise why in the solution has goodwill impairment has been deducted from subsidiarys profit in full?
I thought that goodwill impairment was shared between parent & NCI?
Thanks
Hi,
If you deduct it from S’s profit for the year then the NCI will automatically receive their share when multiplying by the NCI percentage. The parent then receives their share when the balancing figure of the parents profits from the group profits is calculated.
Thanks