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Hi Chris,
Questions about group accounts. Please help. Thanks in advance.<Non-Controlling Interest>
In the Chapter 23 Group account Video 2- NCI & Example 3 in Notes, it’s mentioned we can calculate NCI in 2 methods ( NCI%* S’s Net Asset @ Reporting Date/ FV).However, in Video 4 (Example 5), when we calculate the NCI for Reporting Date, why cannot we just calculate by “NCI%* S’s Net Assets @ Reporting Date”?
Why we have to calculate by “NCI FV@Acquision + NCI%*S’s Post Acquisition RE” instead?
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