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NCI

This topic has 1 reply, 2 voices, and was last updated 2 weeks ago by Stephen Widberg.

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March 5, 2025 at 7:13 am #715837
adarsh1997
Participant
- Topics: 646
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Hello,
Is NCI retranslate at the year end?
If so, is the gain or loss on retranslation apportioned?
Thanks
March 7, 2025 at 12:16 pm #715956
Stephen Widberg
Keymaster
- Topics: 15
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No retranslation of NCI number.
NCI will take a share of the exchange differences on the net assets.
And IF USING FULL GOODWILL (not partial) then NCI will take a SHARE of the XD on goodwill.
Don’t forget to watch lecture again if necessary.
🙂
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