Accounting Standard AASB 3 Business Combinations allows the choice of measuring NCI using either the fair value method or the proportionate interest method.
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Q14: P Ltd purchased 80% of the issued
Q15: Outline how NCI will be disclosed in
Q16: Non-controlling interest at date of acquisition must
Q17: Is the proprietary concept of consolidation consistent
Q18: Consistent with the entity concept,full consolidation requires
Q20: Why does AASB 3 allow a choice
Q21: When an investment in a subsidiary is
Q22: The shareholders of the parent entity in
Q23: A subsidiary's recorded profits and retained earnings
Q24: Unrealised intragroup profit in opening inventory of
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