Lecture note -Chapter 6 (Example 1)

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October 20, 2017 at 9:07 pm #412715
Saimon
Participant
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Sir,

if NCI value of “Sub-Subsidiary” is based on proportion share basis then how should i calculate the value of NCI at acquisition of in “Sub-Subsidiary” in “working of goodwill”

(Can you please show me the working using example 1)
October 23, 2017 at 9:26 pm #412991
P2-D2
Keymaster
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Hi,

You just multiply the effective NCI by the net assets at acquisition.

I’ll let you try and then you can check back to see if it is correct.

Thanks
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