NCI
Redeemable NCI: How to Account for Put Options on Non-Controlling Interests
A non-controlling interest does not always sit quietly in equity. When the minority shareholder holds a contractual right to sell…
MYOB Advanced for Multi-Entity Groups: Limitations and What Finance Teams Use Instead
Priya had been the group financial controller at a mid-sized Australian services business for three years. The group had grown…
How to Explain Consolidated Variances to Management
The quarterly management pack went out on a Tuesday afternoon. By Wednesday morning, Clara’s inbox had four messages from four…
Disposal of a Subsidiary in Group Consolidation: How to Calculate the Gain, Derecognise the Net Assets, and Remove NCI
When a parent loses control of a subsidiary — whether through a full sale, a partial sale that drops below…
Full Goodwill vs Partial Goodwill: How Your NCI Measurement Choice Changes the Balance Sheet, the Impairment Test, and Who Absorbs the Loss
Helena is the group controller of Pinnacle Group, which has just acquired a 75% stake in Novum Ltd. The purchase…
NCI at Acquisition: How to Calculate Non-Controlling Interest on the Date of Purchase
When HoldCo acquires 75% of SubCo, it controls SubCo from the acquisition date and must consolidate SubCo’s full balance sheet…
Step Acquisition in a Construction Group: The Consolidation Accounting When Your Associate Becomes a Subsidiary
Construction groups often hold minority stakes in specialist subcontractors before acquiring control. A main contractor might take a 30% or…
How to Handle Prior-Period Adjustments in Consolidated Financial Statements
Niamh was three weeks into the Year 5 audit when the message arrived from Castleton Products, the group’s 80%-owned manufacturing…
How to Consolidate a Subsidiary When Ownership Is Less Than 100%
For three years, every entity in Daniel’s group was 100% owned. The consolidation was straightforward: add the trial balances together,…
How to Reconcile Consolidated Equity
The audit senior’s email arrived on a Tuesday morning, two weeks before year-end sign-off. Claudia, group financial controller at Veritas…