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Share of impairment loss.

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Share of impairment loss.

  • This topic has 3 replies, 2 voices, and was last updated 11 years ago by MikeLittle.
Viewing 4 posts - 1 through 4 (of 4 total)
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  • June 2, 2014 at 5:02 pm #172779
    olayinkaoh
    Member
    • Topics: 2
    • Replies: 5
    • ☆

    Hello MIke,
    Your lectures are simply fabulous! Thank u.
    I am not very clear on issue of allocation of impairment loss between the holding entity and NCI. Under what specific condition will NCI be allocated a share of impairment loss? When their investment are valued at FV or MV?

    June 2, 2014 at 5:05 pm #172781
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23318
    • ☆☆☆☆☆

    Fair value, market value? Only where the nci is valued on a proportionate basis do we take the whole of the goodwill impairment to the parent.

    Fair value and market value, the nci takes their share of any goodwill impairment

    June 2, 2014 at 5:24 pm #172873
    olayinkaoh
    Member
    • Topics: 2
    • Replies: 5
    • ☆

    Good! thanks Mike.

    June 2, 2014 at 5:45 pm #172903
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23318
    • ☆☆☆☆☆

    You’re welcome

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