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Subject: F7 notes – chapter 9 – Group Accounts: Comprehensive Example.

This topic has 1 reply, 2 voices, and was last updated 13 years ago by MikeLittle.

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November 3, 2011 at 11:41 am #50332
ruki
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Note 7 says: The directors valued the NCI at $ 87,667 at date of acquisition.
In your lecture you are saying: Goodwill attributable to NCI is $ 9,920. I could not follow up here and shall appreciate your help please. Thanks…
November 18, 2011 at 4:06 pm #89340
MikeLittle
Keymaster
- Topics: 27
- Replies: 23333
The value of the nci investment is NOT the same as the goodwill attributable to the nci!
Check out the answer ( and the video! ) and post again if you still have a problem
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