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how to Calculate NCI goodwill..?

Forums › ACCA Forums › ACCA FR Financial Reporting Forums › how to Calculate NCI goodwill..?

  • This topic has 1 reply, 2 voices, and was last updated 15 years ago by MikeLittle.
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  • November 3, 2010 at 6:10 pm #45779
    zainahmed
    Member
    • Topics: 1
    • Replies: 0
    • ☆

    Hello
    can anyone plz guide me how to calculate NCI goodwill..? and can you plz explain what actually happened in the ACCA past papers June 2010 because they simply multiplied the %age of NCI share with Subsidiary equity share and multiplied with its share price ie(8000 x 25% x 4.5)

    Regards

    November 4, 2010 at 12:01 pm #70180
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23355
    • ☆☆☆☆☆

    that’s because the question stated that the value of the nci investment was the fair value of their shares.

    Check out the OT course notes for a detailed explanation of the different ways steve Scott can give you the information to calculate nci goodwill

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