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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Positive / Negative movement in equity
Can you further elaborate on the acquisition of further interest on the nci without losing control that creates negative movement in equity
Without thinking too deeply into this, am I not correct in saying that, where we pay the nci an amount greater than the proportionate fair value of the assets acquired, that will result in a decrease in equity? Effectively we shall have made a loss on acquisition (assets acquired say 800,000, amount paid say 1,000,000)
Does that do it for you?
Thank you so much Mike. Its makes sense now. You are a star
You’re welcome (and thanks for the praise! )
🙂
for consolidation problems, will be on track if a revise acca 2007 papers?