NCI of Subsidiary of a Subsidiary


Joined
Aug 17, 2019
Messages
1
Reaction score
0
Country
Saudi Arabia
Aloysious has 3 companies A, B and C. As at 31 Dec 2017, A owns 60% of B while B owns 50% of C.

31 March 2019, B bought all remainder i.e. 50% of C; C become 100% owned by B and an indirect subsidiary of A.

Assuming ONLY A is consolidating its accounts, What is Goodwill, Pre-acquisition retained earning and NCI in A on C?
 
Ad

Advertisements


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