A consolidated statement of comprehensive income discloses the non-controlling interest as:
A) a separate component of revenue.
B) a separate component of profit before tax and a separate component of tax expense.
C) a separate component of each line item of revenue and expense.
D) a separate portion of profit or loss attributable to the non-controlling interest.

Question

Quizplus · Accepted Answer

Non-controlling interest represents the portion of a subsidiary's profit or loss that is not attributable to the parent company. Therefore, it is normally shown separately as a portion of profit or loss attributable to the non-controlling interest in the consolidated statement of comprehensive income. Option D is the correct answer.

A Consolidated Statement of Comprehensive Income Discloses the Non-Controlling Interest