Hi Forum,
Hope someone can help with this query. On page 27 of the lecture notes Example 4 the worked example states that
Less sub sold
Net Assets 201
Goodwill 38
NCI(53)
However, in the lecture notes the proforma states that
Less sub sold
Net Assets x
Goodwill (x)
NCI(x)
The above proforma does not match the worked example structure.
Could someone clarify?
Thanks in advance
Naz
ACCA Forums
SBRSBR Online Lecture Notes Page 27
Think the worked example is correct.
I would think of calculation as
Sales proceeds - all net assets of sub at disposal - all goodwill at disposal + NCI at disposal + fair value of remaining holding = gain to the group.
Hope this helps.
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