Topic10_SeminarQuestions

Topic10_SeminarQuestions - Week 6 25 Jan. (DM) Lecture...

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25 Jan. (DM) Lecture Topic 10 Consolidation: Indirect Ownership Interests Determine direct and indirect ownership interests in a group with multiple levels of subsidiaries Describe how direct and indirect ownership interests are utilised in the non-controlling interest allocation Prepare consolidation journal entries for the direct and indirect non-controlling interest Prepare comprehensive consolidation worksheet Seminar Questions: Picker et al, Ch.26 DQ1 Exercise 26.3 Practice Questions: Picker et al, Ch.26 DQ2, DQ3, DQ4 Exercise 26.4 Exercise 26.5 (journals) Chapter 26: Consolidation: indirect ownership interests DISCUSSION QUESTIONS 1. What is the difference between direct and indirect NCI? Direct NCI (DNCI) own shares directly in an entity. Indirect NCI are DNCI shareholders in an entity which is a parent of another entity. These DNCI are then the INCI in the subsidiary. Example:
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Topic10_SeminarQuestions - Week 6 25 Jan. (DM) Lecture...

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