SlideShare a Scribd company logo
1 of 1
Download to read offline
Q.1. Define noncontrolling (minority) interest. List three methods that might be used for
reporting the noncontrolling interest in a consolidated
Solution
Non Controlling Interest also known as Minority Interest is that portion of the subsidiary's
equity capital which is not held or own or controlled by the parent company. Parent company
here means who has a controlling interest of 50% or more in the subsidiary and who consolidates
their financial statements with its own.
Three methods to report NCI are:

More Related Content

More from federaleyecare

Two of the main political systems are democracy and totalitarianism..pdf
Two of the main political systems are democracy and totalitarianism..pdfTwo of the main political systems are democracy and totalitarianism..pdf
Two of the main political systems are democracy and totalitarianism..pdf
federaleyecare
 
The ProblemUsing C programming language write a program that simul.pdf
The ProblemUsing C programming language write a program that simul.pdfThe ProblemUsing C programming language write a program that simul.pdf
The ProblemUsing C programming language write a program that simul.pdf
federaleyecare
 
Part F - Viral Evolution and LysogenyOne hypothesis regarding the .pdf
Part F - Viral Evolution and LysogenyOne hypothesis regarding the .pdfPart F - Viral Evolution and LysogenyOne hypothesis regarding the .pdf
Part F - Viral Evolution and LysogenyOne hypothesis regarding the .pdf
federaleyecare
 
Match the following Data vs Information Reliability as it adds value .pdf
Match the following Data vs Information Reliability as it adds value .pdfMatch the following Data vs Information Reliability as it adds value .pdf
Match the following Data vs Information Reliability as it adds value .pdf
federaleyecare
 
Many organizations invest substantial resources in creating their ow.pdf
Many organizations invest substantial resources in creating their ow.pdfMany organizations invest substantial resources in creating their ow.pdf
Many organizations invest substantial resources in creating their ow.pdf
federaleyecare
 
Great alveolar (type II) cells of the alveoli secrete a _______ t.pdf
Great alveolar (type II) cells of the alveoli secrete a _______ t.pdfGreat alveolar (type II) cells of the alveoli secrete a _______ t.pdf
Great alveolar (type II) cells of the alveoli secrete a _______ t.pdf
federaleyecare
 
Give a detailed explanation and introduction to Polarization Microsc.pdf
Give a detailed explanation and introduction to Polarization Microsc.pdfGive a detailed explanation and introduction to Polarization Microsc.pdf
Give a detailed explanation and introduction to Polarization Microsc.pdf
federaleyecare
 
Create an implementation of a binary tree using the recursive appr.pdf
Create an implementation of a binary tree using the recursive appr.pdfCreate an implementation of a binary tree using the recursive appr.pdf
Create an implementation of a binary tree using the recursive appr.pdf
federaleyecare
 

More from federaleyecare (20)

Use Table A to find the number z such that the proportion of observa.pdf
Use Table A to find the number z such that the proportion of observa.pdfUse Table A to find the number z such that the proportion of observa.pdf
Use Table A to find the number z such that the proportion of observa.pdf
 
Two of the main political systems are democracy and totalitarianism..pdf
Two of the main political systems are democracy and totalitarianism..pdfTwo of the main political systems are democracy and totalitarianism..pdf
Two of the main political systems are democracy and totalitarianism..pdf
 
The procedure of transferring journal entries to the ledger accounts .pdf
The procedure of transferring journal entries to the ledger accounts .pdfThe procedure of transferring journal entries to the ledger accounts .pdf
The procedure of transferring journal entries to the ledger accounts .pdf
 
The ProblemUsing C programming language write a program that simul.pdf
The ProblemUsing C programming language write a program that simul.pdfThe ProblemUsing C programming language write a program that simul.pdf
The ProblemUsing C programming language write a program that simul.pdf
 
5. Joe and Sam are using Public Key encryption. Joe’s public and pri.pdf
5. Joe and Sam are using Public Key encryption. Joe’s public and pri.pdf5. Joe and Sam are using Public Key encryption. Joe’s public and pri.pdf
5. Joe and Sam are using Public Key encryption. Joe’s public and pri.pdf
 
QUESTION 7 When using the indirect method to prepare the statement of.pdf
QUESTION 7 When using the indirect method to prepare the statement of.pdfQUESTION 7 When using the indirect method to prepare the statement of.pdf
QUESTION 7 When using the indirect method to prepare the statement of.pdf
 
Picking a fruit-flavored or primary colored bean. overlapping event .pdf
Picking a fruit-flavored or primary colored bean.  overlapping event .pdfPicking a fruit-flavored or primary colored bean.  overlapping event .pdf
Picking a fruit-flavored or primary colored bean. overlapping event .pdf
 
Part F - Viral Evolution and LysogenyOne hypothesis regarding the .pdf
Part F - Viral Evolution and LysogenyOne hypothesis regarding the .pdfPart F - Viral Evolution and LysogenyOne hypothesis regarding the .pdf
Part F - Viral Evolution and LysogenyOne hypothesis regarding the .pdf
 
Match the following Data vs Information Reliability as it adds value .pdf
Match the following Data vs Information Reliability as it adds value .pdfMatch the following Data vs Information Reliability as it adds value .pdf
Match the following Data vs Information Reliability as it adds value .pdf
 
Many organizations invest substantial resources in creating their ow.pdf
Many organizations invest substantial resources in creating their ow.pdfMany organizations invest substantial resources in creating their ow.pdf
Many organizations invest substantial resources in creating their ow.pdf
 
Lets compare and contrast the national cultures of Egypt and Brazi.pdf
Lets compare and contrast the national cultures of Egypt and Brazi.pdfLets compare and contrast the national cultures of Egypt and Brazi.pdf
Lets compare and contrast the national cultures of Egypt and Brazi.pdf
 
Great alveolar (type II) cells of the alveoli secrete a _______ t.pdf
Great alveolar (type II) cells of the alveoli secrete a _______ t.pdfGreat alveolar (type II) cells of the alveoli secrete a _______ t.pdf
Great alveolar (type II) cells of the alveoli secrete a _______ t.pdf
 
Give a detailed explanation and introduction to Polarization Microsc.pdf
Give a detailed explanation and introduction to Polarization Microsc.pdfGive a detailed explanation and introduction to Polarization Microsc.pdf
Give a detailed explanation and introduction to Polarization Microsc.pdf
 
Fill in the Morphology column in the following table. Then use the in.pdf
Fill in the Morphology column in the following table. Then use the in.pdfFill in the Morphology column in the following table. Then use the in.pdf
Fill in the Morphology column in the following table. Then use the in.pdf
 
Do you need to know the registers and flags in a computer architectur.pdf
Do you need to know the registers and flags in a computer architectur.pdfDo you need to know the registers and flags in a computer architectur.pdf
Do you need to know the registers and flags in a computer architectur.pdf
 
Discrete MathLet A be a set and P(A) be the power set of A. True .pdf
Discrete MathLet A be a set and P(A) be the power set of A. True .pdfDiscrete MathLet A be a set and P(A) be the power set of A. True .pdf
Discrete MathLet A be a set and P(A) be the power set of A. True .pdf
 
Describe two mechanisms that contribute to anterior-posterior axis e.pdf
Describe two mechanisms that contribute to anterior-posterior axis e.pdfDescribe two mechanisms that contribute to anterior-posterior axis e.pdf
Describe two mechanisms that contribute to anterior-posterior axis e.pdf
 
Create an implementation of a binary tree using the recursive appr.pdf
Create an implementation of a binary tree using the recursive appr.pdfCreate an implementation of a binary tree using the recursive appr.pdf
Create an implementation of a binary tree using the recursive appr.pdf
 
A common symptom of pharyngitis is swelling of the anterior cervi.pdf
A common symptom of pharyngitis is swelling of the anterior cervi.pdfA common symptom of pharyngitis is swelling of the anterior cervi.pdf
A common symptom of pharyngitis is swelling of the anterior cervi.pdf
 
11. During an audit of a clients capital cycle, the auditor checks .pdf
11. During an audit of a clients capital cycle, the auditor checks .pdf11. During an audit of a clients capital cycle, the auditor checks .pdf
11. During an audit of a clients capital cycle, the auditor checks .pdf
 

Recently uploaded

會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽
會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽
會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽
中 央社
 
SURVEY I created for uni project research
SURVEY I created for uni project researchSURVEY I created for uni project research
SURVEY I created for uni project research
CaitlinCummins3
 
Spellings Wk 4 and Wk 5 for Grade 4 at CAPS
Spellings Wk 4 and Wk 5 for Grade 4 at CAPSSpellings Wk 4 and Wk 5 for Grade 4 at CAPS
Spellings Wk 4 and Wk 5 for Grade 4 at CAPS
AnaAcapella
 

Recently uploaded (20)

Supporting Newcomer Multilingual Learners
Supporting Newcomer  Multilingual LearnersSupporting Newcomer  Multilingual Learners
Supporting Newcomer Multilingual Learners
 
Mattingly "AI and Prompt Design: LLMs with NER"
Mattingly "AI and Prompt Design: LLMs with NER"Mattingly "AI and Prompt Design: LLMs with NER"
Mattingly "AI and Prompt Design: LLMs with NER"
 
會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽
會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽
會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽
 
OS-operating systems- ch05 (CPU Scheduling) ...
OS-operating systems- ch05 (CPU Scheduling) ...OS-operating systems- ch05 (CPU Scheduling) ...
OS-operating systems- ch05 (CPU Scheduling) ...
 
FICTIONAL SALESMAN/SALESMAN SNSW 2024.pdf
FICTIONAL SALESMAN/SALESMAN SNSW 2024.pdfFICTIONAL SALESMAN/SALESMAN SNSW 2024.pdf
FICTIONAL SALESMAN/SALESMAN SNSW 2024.pdf
 
24 ĐỀ THAM KHẢO KÌ THI TUYỂN SINH VÀO LỚP 10 MÔN TIẾNG ANH SỞ GIÁO DỤC HẢI DƯ...
24 ĐỀ THAM KHẢO KÌ THI TUYỂN SINH VÀO LỚP 10 MÔN TIẾNG ANH SỞ GIÁO DỤC HẢI DƯ...24 ĐỀ THAM KHẢO KÌ THI TUYỂN SINH VÀO LỚP 10 MÔN TIẾNG ANH SỞ GIÁO DỤC HẢI DƯ...
24 ĐỀ THAM KHẢO KÌ THI TUYỂN SINH VÀO LỚP 10 MÔN TIẾNG ANH SỞ GIÁO DỤC HẢI DƯ...
 
Andreas Schleicher presents at the launch of What does child empowerment mean...
Andreas Schleicher presents at the launch of What does child empowerment mean...Andreas Schleicher presents at the launch of What does child empowerment mean...
Andreas Schleicher presents at the launch of What does child empowerment mean...
 
SURVEY I created for uni project research
SURVEY I created for uni project researchSURVEY I created for uni project research
SURVEY I created for uni project research
 
An Overview of the Odoo 17 Knowledge App
An Overview of the Odoo 17 Knowledge AppAn Overview of the Odoo 17 Knowledge App
An Overview of the Odoo 17 Knowledge App
 
An overview of the various scriptures in Hinduism
An overview of the various scriptures in HinduismAn overview of the various scriptures in Hinduism
An overview of the various scriptures in Hinduism
 
Trauma-Informed Leadership - Five Practical Principles
Trauma-Informed Leadership - Five Practical PrinciplesTrauma-Informed Leadership - Five Practical Principles
Trauma-Informed Leadership - Five Practical Principles
 
Spellings Wk 4 and Wk 5 for Grade 4 at CAPS
Spellings Wk 4 and Wk 5 for Grade 4 at CAPSSpellings Wk 4 and Wk 5 for Grade 4 at CAPS
Spellings Wk 4 and Wk 5 for Grade 4 at CAPS
 
When Quality Assurance Meets Innovation in Higher Education - Report launch w...
When Quality Assurance Meets Innovation in Higher Education - Report launch w...When Quality Assurance Meets Innovation in Higher Education - Report launch w...
When Quality Assurance Meets Innovation in Higher Education - Report launch w...
 
MOOD STABLIZERS DRUGS.pptx
MOOD     STABLIZERS           DRUGS.pptxMOOD     STABLIZERS           DRUGS.pptx
MOOD STABLIZERS DRUGS.pptx
 
Đề tieng anh thpt 2024 danh cho cac ban hoc sinh
Đề tieng anh thpt 2024 danh cho cac ban hoc sinhĐề tieng anh thpt 2024 danh cho cac ban hoc sinh
Đề tieng anh thpt 2024 danh cho cac ban hoc sinh
 
ESSENTIAL of (CS/IT/IS) class 07 (Networks)
ESSENTIAL of (CS/IT/IS) class 07 (Networks)ESSENTIAL of (CS/IT/IS) class 07 (Networks)
ESSENTIAL of (CS/IT/IS) class 07 (Networks)
 
DEMONSTRATION LESSON IN ENGLISH 4 MATATAG CURRICULUM
DEMONSTRATION LESSON IN ENGLISH 4 MATATAG CURRICULUMDEMONSTRATION LESSON IN ENGLISH 4 MATATAG CURRICULUM
DEMONSTRATION LESSON IN ENGLISH 4 MATATAG CURRICULUM
 
OSCM Unit 2_Operations Processes & Systems
OSCM Unit 2_Operations Processes & SystemsOSCM Unit 2_Operations Processes & Systems
OSCM Unit 2_Operations Processes & Systems
 
e-Sealing at EADTU by Kamakshi Rajagopal
e-Sealing at EADTU by Kamakshi Rajagopale-Sealing at EADTU by Kamakshi Rajagopal
e-Sealing at EADTU by Kamakshi Rajagopal
 
Including Mental Health Support in Project Delivery, 14 May.pdf
Including Mental Health Support in Project Delivery, 14 May.pdfIncluding Mental Health Support in Project Delivery, 14 May.pdf
Including Mental Health Support in Project Delivery, 14 May.pdf
 

Q.1. Define noncontrolling (minority) interest. List three methods th.pdf

  • 1. Q.1. Define noncontrolling (minority) interest. List three methods that might be used for reporting the noncontrolling interest in a consolidated Solution Non Controlling Interest also known as Minority Interest is that portion of the subsidiary's equity capital which is not held or own or controlled by the parent company. Parent company here means who has a controlling interest of 50% or more in the subsidiary and who consolidates their financial statements with its own. Three methods to report NCI are: