NCI Goodwill of sub-subsidiary

This topic has 0 replies, 1 voice, and was last updated 13 years ago by waelatef.

Viewing 1 post (of 1 total)

Author

Posts
March 3, 2013 at 11:19 am #119056
waelatef
Member
- Topics: 1
- Replies: 0
(A)———————(S)———————(SS)
60% 70%

if (A) is the parent, (S) is a subsidiary to (A) and (SS) is subsidiary to (S). When working out the goodwill upon consolidation, NCI is not given any goodwill for (SS). Why? Logically NCI in (S) will indirect NCI in (SS) and their share in goodwill should appear in the consolidated FS.
Author

Posts

Viewing 1 post (of 1 total)

You must be logged in to reply to this topic.