Thank you

did anyone get the logic behind reducing NCI with %age of NCI in Cost of S's Investment in SS?

@jasontsui2256

3 жыл бұрын

The logic behind is double counting issue of the consolidation journal entries for subsidiary and subsubsidiary based on effective ownership percentage. From these journal entries the Subsidiary NCI shares book value component, fair market value component of Subsubsidiary twice so we have to add additional entries to eliminate such double counting. Double counting issue also happens to dividends from subsubsidiary similar to investment in SS.

I cant find the notes for this lecture, can anyone help please?

@opentuition

4 жыл бұрын

You should look at study materials on our website: opentuition.com/acca/sbr/

@pascallupiya640

Жыл бұрын

@@opentuition