alleryStart learning →What is equity in a subsidiary not attributable to the parent called?
ANon-controlling interest
BCapital redemption fund
CRevaluation reserve
DTreasury share stock
Answer & Solution
Correct answer: A. Non-controlling interest
IFRS 10 defines non-controlling interest as equity in a subsidiary not attributable, directly or indirectly, to a parent.
Keep practising Consolidated Financial Statements (Ind AS 110)
Browse all Consolidated Financial Statements (Ind AS 110) questions for CA Final, or explore more Financialreporting topics.
Related questions
Which business combination method has been disallowed under US GAAP since 2001?Goodwill can be recognised only through what?Goodwill in consolidated statements is treated as what type of asset?Acquirer pays Rs 60,000 for 100% of net assets with fair value Rs 40,000. Goodwill equals:A buys 100% of B for Rs 20 lakh. B's identifiable net assets at fair value are Rs 9 lakh. Goodwill arises when the price paid for a company exceeds what?A negative goodwill result on acquisition is recognised as what?Consideration transferred in a business combination is measured at: