Unformatted text preview: guidance. Noncontrolling interest was usually reported as liabilities or in the mezzanine section between liabilities and equity. Although some companies used to show noncontrolling interest as a liability is does not meet the definition of a liability. Non-controlling interests in subsidiaries should be presented within equity on the consolidated balance sheet, separate from the parent shareholders’ equity....
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- Spring '10
- Balance Sheet, consolidated financial statements, consolidated balance sheet, Associate company