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NCI and impairment losses

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › NCI and impairment losses

  • This topic has 2 replies, 2 voices, and was last updated 8 years ago by kylerlu.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • January 31, 2017 at 9:01 am #370339
    kylerlu
    Member
    • Topics: 84
    • Replies: 117
    • ☆☆☆

    Hi Sir Chris!

    Just want to ask about computation for NCI. In December 2012 exam, impairment loss on goodwill and impairment loss on intangibles were deducted on NCI figure of Heeny. However, on June 2013, how come these (impairment losses) were not deducted to NCI of Park? Thanks!

    February 1, 2017 at 9:44 pm #370674
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7193
    • ☆☆☆☆☆

    Hi,

    Check how the goodwill has been measured. If it is using the proportionate share/partial method then the goodwill calculated is that of the parent only and so any impairment goes through retained earnings only and not to the NCI.

    Thanks

    February 4, 2017 at 3:57 am #370974
    kylerlu
    Member
    • Topics: 84
    • Replies: 117
    • ☆☆☆

    Thanks a lot Sir Chris! Have a great day. 🙂

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