NCI calculation for SOFP and SOCIForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › NCI calculation for SOFP and SOCIThis topic has 3 replies, 2 voices, and was last updated 10 years ago by MikeLittle.Viewing 4 posts - 1 through 4 (of 4 total)AuthorPosts May 30, 2014 at 10:14 pm #172018 AccountaholicMemberTopics: 98Replies: 67☆☆I am having troubles in calculating NCI share for SOFP and SOCI…What’s the difference in calculation between the two? Especially in mid-year acquisition…Can you please help?Thanks. May 31, 2014 at 7:16 am #172048 MikeLittleKeymasterTopics: 27Replies: 23279☆☆☆☆☆Have you looked at the course notes? Working W4A is for the nci on CSoFP and is calculated as:-Value at date of acquisition +Share so S post acq retained –Their share of any goodwill impairmentWorking W4B is for the nci share of this year’s income and is calculated as:-Their share ofThis year’sSubsidiaryAdjustedTime-apportionedProfit after taxCheck through the course notes again/ May 31, 2014 at 8:33 am #172062 AccountaholicMemberTopics: 98Replies: 67☆☆Thank you. May 31, 2014 at 4:22 pm #172139 MikeLittleKeymasterTopics: 27Replies: 23279☆☆☆☆☆You’re welcomeAuthorPostsViewing 4 posts - 1 through 4 (of 4 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In