Explain the principles of measurement

Assignment Help Accounting Basics

Reference no: EM132934418

1 Discuss the nature of the non-controlling interest (NCI)

2 Explain the principles of measurement and disclosure of the NCI

3 Explain how the consolidation worksheet is changed by the presence of the NCI

4 Identify how the existence of the NCI affects the consolidation process, particularly the measurement of goodwill

5 Explain how the NCI is calculated in a three-step process

6 Identify how the existence of intra-group transactions affects the measurement of the NCI

Reference no: EM132934418

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