Reference no: EM13126553

In deliberations prior to the issuance of SFAS 160, "Noncontrolling Interests in Consolidated Financial Statements," the FASB considers three alternatives for displaying the noncontrolling interest in the consolidated statement of financial position.

- What were these three alternatives?

- What criteria did the FASB use to evaluate the desirability of each alternative?

- In what specific ways did FASB Concept Statement 6 affect the FASB's evaluation of these alternatives?