Under proportional consolidation, no amounts are presented in the consolidated statements for the noncontrolling interest.

Question

Quizplus · Accepted Answer

Under proportional consolidation, the parent company combines a portion of each of the financial line items of a subsidiary (proportional to its ownership interest) directly into its financial statements, without separately presenting any amounts for noncontrolling interests, as those interests are not reflected in this method.

Under Proportional Consolidation, No Amounts Are Presented in the Consolidated