non-controlling interest
NCI in the Consolidated Statement of Changes in Equity: How to Build the NCI Column Correctly
The audit partner had reviewed the consolidated financial statements twice. The income statement looked right. The balance sheet reconciled. But…
Recycling the CTA on Disposal of a Foreign Subsidiary: What Happens to the FCTR When You Sell
The finance director had been preparing the sale of the Singapore subsidiary for six months. She knew the headline figures:…
NCI and Currency Translation Adjustments: How to Split the CTA in Partly-Owned Foreign Subsidiaries
Most finance teams understand the mechanics of currency translation well enough: income statement items are translated at the average rate…
Financial Consolidation, Explained the Friendly Way
Financial consolidation has a reputation. Ask most accounting students or finance professionals about it and you will hear the same…
US GAAP Consolidation: A Practical Guide to ASC 810 for Multi-Entity Groups
A UK-based professional services group acquired a 60% stake in a US software business and immediately discovered a problem its…
How to Calculate Non-Controlling Interest (NCI) in Financial Consolidation
When a parent company acquires a controlling stake in another business but does not own 100% of it, the financial…