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Non Controlling Interest in Goodwill

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Non Controlling Interest in Goodwill

  • This topic has 3 replies, 2 voices, and was last updated 11 years ago by AvatarMikeLittle.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • November 1, 2014 at 10:52 pm #207150
    AvatarPalesa
    Participant
    • Topics: 6
    • Replies: 4
    • ☆

    Good day

    I’m trying to calculate Goodwill from the 2014 notes in CH 7 E.g. 5. I’m having probs arriving at the ‘N.C.I Investment Valuation’ value . I have tried all calculations but cant seem to reach the same answer on the solutions provided. I’m not to sure what i’m doing wrong. please help out.

    November 6, 2014 at 4:15 pm #208029
    AvatarMikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    It’s proportionate. Fair valued net assets are $32,000 + $60,000 retained earnings and their shareholding is 25% of Ilona

    25% x $92,000 is $23,000

    Does that help?

    November 6, 2014 at 5:27 pm #208056
    AvatarPalesa
    Participant
    • Topics: 6
    • Replies: 4
    • ☆

    Yes! thank you 🙂

    November 6, 2014 at 5:49 pm #208074
    AvatarMikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    You’re welcome

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