nci

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April 30, 2016 at 1:58 pm #313173
Muideen
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Pls help me answer this. In a group account question, One of the requirements is to compute Equity. Is nci part of equity or liability in the sofp.
April 30, 2016 at 7:00 pm #313191
MikeLittle
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NCI is part of equity. The nci are part financiers of the activities of the subsidiary so no different that the parent who is also a part financier of the subsidiary
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