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Its unrecognised NCI not unrealised!I hope now someone should know the answer!
Please read forum rules (especially General Posting Guidelines nr 2!)
i just read the guideline’s .I didn’t write anything offensive but the thing i didn’t do was to write an appropriate topic in topic column and i admit it.i am really exhausted i knew i will get the answer from opentuition but there was not a single reply.i hope now i can get a helpful reply.
You will get the reply from the tutor within 48 hours or sooner
Just be patient
Tutors are human beings not robots and do not sit on the forums 24 hours a day 😉Hi Bilal
Sorry to read of your frustration 🙁
Now then – unrecognised nci? Where have you found this expression? I seem to remember it in a Kaplan answer where they were grossing up the value of the nci in a part-disposal question. Is that where you’ve come across it?
Kaplan determine the value of a subsidiary as at the date of a part disposal (or equally as at the date of a further acquisition eg from 60% holding to 75% holding) in part by grossing up the nci value by their share of the subsidiary’s increase in assets since date of original acquisition
I’m not honestly sure why they do this – it’s always been my understanding that the nci is valued at original cost + share of post-acquisition retained less their share of goodwill impaired since acquisition. The only time when I would make an adjustment as above is where the sale / purchase is part way through the year and we need to determine the value of the subsidiary’s assets mid-term
Does that (hopefully) answer it?
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