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Impairment of goodwill and the NCI

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Impairment of goodwill and the NCI

  • This topic has 1 reply, 2 voices, and was last updated 12 years ago by MikeLittle.
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  • May 16, 2013 at 10:54 am #125644
    areissaj
    Member
    • Topics: 5
    • Replies: 10
    • ☆

    If goodwill is impaired by lets say 3000 when NCI is on a proporiate basis. How is this treated in the NCI and the consolidated retained earnings .

    May 16, 2013 at 11:15 am #125652
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23334
    • ☆☆☆☆☆

    It ALL goes against the W3 Consolidated Retained Earnings – none of the impairment is charged to the nci

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