Q.1. Define noncontrolling (minority) interest. List three methods th.pdf

Q.1. Define noncontrolling (minority) interest. List three methods that might be used for
reporting the noncontrolling interest in a consolidated
Solution
Non Controlling Interest also known as Minority Interest is that portion of the subsidiary\'s
equity capital which is not held or own or controlled by the parent company. Parent company
here means who has a controlling interest of 50% or more in the subsidiary and who consolidates
their financial statements with its own.
Three methods to report NCI are:.

1. Q.1. Define noncontrolling (minority) interest. List three methods that might be used for
reporting the noncontrolling interest in a consolidated

Solution

Non Controlling Interest also known as Minority Interest is that portion of the subsidiary\'s
equity capital which is not held or own or controlled by the parent company. Parent company
here means who has a controlling interest of 50% or more in the subsidiary and who consolidates
their financial statements with its own.
Three methods to report NCI are: