India Consolidated Balance Sheet


Joined
Feb 17, 2023
Messages
3
Reaction score
0
Country
India
While consolidating, what is the reason for the parent company to show Minority Interest as part of the shareholder's funds? If it's a liability, is it the parent who will settle their liabilities at the time of liquidation?
 
Ad

Advertisements

Joined
Dec 5, 2022
Messages
3
Reaction score
0
Country
Czech Republic
It's not the controlling investor's liability. It is the ownership share of the non-controlling investor(s). If that entity is liquidated, the controlling inventor will not pay out the non-controlling investor(s). Instead, they will share the residual between themselves.
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Similar Threads


Top