- This topic has 1 reply, 2 voices, and was last updated 7 years ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
- Posts
Dear Sir,
The fixed asset transfer has resulted in $200 (excess depreciation) deducted from cost of sales. My question is, why isn’t this $200(×25%) added when calculating the NCI (Income statement) and isn’t this $200 supposed to be added to the sellers profit?Thanks in advance
Because no adjustment is made to the buyer’s records on an intra-group transfer adjustment
All adjustments are made in the seller’s records
“Isn’t that a bit unfair on the nci – what if they complain?” I hear you ask
Tell them to sell their shares – they should have sold when they had the opportunity 6 months ago
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.