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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › NCI of Subsidary of a Subsidiary
Mr Aloysious has 3 companies A, B and C. As at 31 Dec 2017, A owns 60% of B while B owns 50% of C.
31 March 2019, B bought all remainder i.e. 50% of C; C become 100% owned by B and an indirect subsidiary of A.
Assuming ONLY A iz consolidating its accounts, What is Goodwill, Pre-acquisition retained earning and NCI in A on C?
Hi,
Why are you looking at this as complex groups are no longer on the syllabus.
Thanks
