According to IFRS 10, NCI is classified as:
A) part of the equity of the parent entity
B) part of the equity of the group
C) a liability of the parent entity
D) a liability of the group.

Question

Quizplus · Accepted Answer

Non-controlling interest (NCI) is classified as part of the equity of the group according to IFRS 10, as it represents the equity ownership in a subsidiary not attributable to the parent company.

According to IFRS 10, NCI Is Classified As