What is a non-controlling interest

Assignment Help Cost Accounting
Reference no: EM132802977

problem (a) Where the parent company does not hold 100 percent equity of the subsidiary company, what portion of the intra-group transactions between the parent entity and the subsidiary entity will need to be eliminated on consolidation? 

problem (b) What is a non-controlling interest, and how should it be disclosed?

problem (c) How are non-controlling interests affected by intra-group transactions?

problem (d) What are the three steps we use to calculate total non-controlling interest?

Reference no: EM132802977

Questions Cloud

Prepare the consolidation elimination journal entry for year : The following account balances existed at 30 June 2020, Prepare the consolidation elimination journal entry for the year ending 30 June 2020.
How much is the materials cost per unit : If materials added and beginning Work in Process materials cost totals $20460, how much is the materials cost per unit if the weighted-average method is used?
What are the determinants of acceptable profits : In the business model the cost structure is said to be determined to allow for acceptable profits. What are the determinants of acceptable profits?
What is the net present value and rate of return of project : FOREIGN CAPITAL BUDGETING - If Sandrine undertakes the project, what is the net present value and rate of return of the project for Sandrine
What is a non-controlling interest : What portion of the intra-group transactions between the parent entity and the subsidiary entity will need to be eliminated on consolidation?
Describe three methods for communicating information : Describe three methods for communicating information and ideas to a range of stakeholders.
Introduce ways to improve work relationships : Explain how to monitor, analyse and introduce ways to improve work relationships.
Navigating the cultural minefield : For this assignment, you will need to read one of the provided articles and fill in the blank of the outline format that has been provided to you.
Reflect on how you answered the quiz questions : Read information in attachment and Reflect on how you answered the quiz questions. What did you notice as you answered them? Was the process of differentiating.

Reviews

Write a Review

Cost Accounting Questions & Answers

  Cost accounting assignment

Evaluate Method of measuring costs associated with production, budgeting process, normal job-order costing system , master budget, cycle time.

  Prepare the journal entries

Prepare the journal entries to record the bond issue and interest expense.

  Advise as to the liability of all the parties

Write a report on given case study and Advise as to the liability of ALL the parties both under common law and the Corporations Law.

  Prepare revenues budget

Prepare Revenues budget and Production budget in units

  Effect of exchange rate changes on cash and cash

Effect of exchange rate changes on cash and cash

  Corporate governance

You are to reflect on how this case of China Sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees.

  Cost-benefit analysis

A cost-benefit analysis of electronic medical records in primary care

  Non-annual interest rates and annuities

Theory of Interest- Non-annual interest rates and annuities

  Job costing in service organizations

How is job costing in service organizations different from job costing in manufacturing environments?

  Accounting for bad debt expense

Accounting for bad debt expense

  Accounting and partnership problems

Accounting and Partnership problems

  Development of relevant cash flows

Development of relevant cash flows - Cost estimating and financial analysis

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd