Impairment in Consolidated st. of PL and OCIForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Impairment in Consolidated st. of PL and OCIThis topic has 1 reply, 2 voices, and was last updated 4 years ago by Stephen Widberg.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts August 21, 2020 at 2:31 pm #581414 wasimomarshahParticipantTopics: 1Replies: 0☆I cannot for the life of me understand why do we include goodwill impairment for the NCI in the statements of the group. Why is this being included in the group statement? Why not the impairment of goodwill excluding the NCI’s portion?Btw this is for SBR August 21, 2020 at 5:18 pm #581428 Stephen WidbergKeymasterTopics: 15Replies: 3396☆☆☆☆☆The total impairment charge must be recorded in the profit and loss account.This is because group accounts must show total assets liabilities income and expense for the whole group irrespective of ownershipIf we are using full goodwill the NCI must be given their share in the NCI working.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In