NCI to be derecognized on loss of control vs no loss of control

Financial Reporting

In ILL 13 - loss of control NCI derecognized = Net assets of subsidiary (excluding goodwill) * NCI's stake In ILL 10 - no loss of control NCI derecognized = Net assets of subsidiary (including goodwill) * NCI's stake Why goodwill is included in NCI derecognized in no loss of control?

Durai Murugan

CA Final

★ 470

06-Aug-24 14:34

278

Answers (2)

I can explain it over a call. Let me know when you are available.

CA Suraj Lakhotia

Admin

13-Aug-24 12:15

Pls let me know when you are available?

CA Suraj Lakhotia

Admin

19-Aug-24 17:09