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A non-controlling interest contributes to a consolidated group?
A) assets
B) profit
C) equity
D) liabilities
Non-controlling Interest
A shareholder's equity in a portion of a subsidiary that is not owned, directly or indirectly, by the company which owns more than half of the subsidiary.
Consolidated Group
A group of companies composed of a parent and its subsidiaries, whose financial statements are prepared as one entity.
Equity
The value of shares issued by a company, representing ownership interest held by shareholders.
- Understand the concept and importance of non-controlling interest (NCI) in consolidated financial statements.
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Learning Objectives
- Understand the concept and importance of non-controlling interest (NCI) in consolidated financial statements.
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