NCI = NCI @Acq+Post acq R.E
Sir,
Given that we are not told to use fairvalue
Using PSONAM,
Is there a need to find Post acq retained earnings...
Can't the N.A on reporting date simply × by NCI%?
Ask the Tutor ACCA FR
NCI
4y ago#1Hi,
Yes, if you are calculating the NCI using the proportionate method (share of net assets) then you can simply calculate the NCI by multiplying the net assets at the reporting date by the NCI ownership percentage.
Thanks
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