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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Impairment in Consolidated st. of PL and OCI
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
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 ownership
If we are using full goodwill the NCI must be given their share in the NCI working.