Which of the following is not one of the stages used to determine non-controlling interest?
A) the non-controlling interest in the current period's profit or loss
B) the non-controlling interest in share capital at the date of acquisition of the subsidiary by the parent entity
C) the non-controlling interest in the goodwill at acquisition
D) the non-controlling interest in reserves at the date of acquisition of the subsidiary by the parent entity

Question

Quizplus · Accepted Answer

The stages used to determine non-controlling interest are:
- The non-controlling interest in the current period's profit or loss
- The non-controlling interest in share capital at the date of acquisition of the subsidiary by the parent entity
- The non-controlling interest in reserves at the date of acquisition of the subsidiary by the parent entity. 
Goodwill is not used in determining non-controlling interest, as it is a part of the overall purchase price and is already taken into account in the determination of the non-controlling interest in the share capital and reserves.

Which of the Following Is Not One of the Stages