Under IFRS,firms can elect to measure the noncontrolling interest at the book value of the identifiable net assets at the acquisition date,which excludes goodwill from the measurement of the noncontrolling interest.

Question

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Under IFRS, firms can measure noncontrolling interest at either fair value or the proportionate share of the acquiree's identifiable net assets, which may include goodwill.

Under IFRS,firms Can Elect to Measure the Noncontrolling Interest at the Book