Calculating non-controlling interest in the presence of goodwill impairment

Simple item page
dc.contributor.authorSamkin, Grant
dc.contributor.authorDeegan, Craig
dc.date.accessioned2010-10-04T01:30:24Z
dc.date.available2010-10-04T01:30:24Z
dc.date.issued2010
dc.description.abstractPurpose – The primary aim of this paper is to illustrate how goodwill impairment loss should be accounted for when measuring non-controlling interest in subsidiaries. Design/methodology/approach – The paper uses two scenarios to illustrate how non-controlling interest in subsidiaries should be measured in the presence of goodwill impairment loss. Findings – The way the management of a reporting entity values the non-controlling interest in a subsidiary will result in different amounts being disclosed in financial statements for non-controlling interest in earnings, non-controlling interest, retained earnings and total equity. Research limitations/implications – The paper uses two scenarios to illustrate a simple consolidation with a parent entity, a subsidiary and a sub-subsidiary. Practical implications – Practical guidance on how goodwill impairment losses under International Accounting Standard 36 Impairment of Assets when measuring non-controlling interest under International Financial Reporting Standard 3 Business Combination, is provided. Originality/value – The paper corrects any misunderstanding that may exist on the impact goodwill impairment losses have on closing equity when non-controlling interest is calculated under the different methods of valuing non-controlling interest.en_NZ
dc.identifier.citationSamkin, G. & Deegan, C. (2010). Calculating non-controlling interest in the presence of goodwill impairment. Accounting Research Journal, 23(2), 213-233.en_NZ
dc.identifier.doi10.1108/10309611011073278en_NZ
dc.identifier.urihttps://hdl.handle.net/10289/4642
dc.language.isoen
dc.publisherEmeralden_NZ
dc.relation.isPartOfAccounting Research Journalen_NZ
dc.relation.urihttp://www.emeraldinsight.com/journals.htm?articleid=1886055&show=htmlen_NZ
dc.subjectinteresten_NZ
dc.subjectshare valuesen_NZ
dc.subjectfinancial managementen_NZ
dc.titleCalculating non-controlling interest in the presence of goodwill impairmenten_NZ
dc.typeJournal Articleen_NZ
pubs.begin-page213en_NZ
pubs.elements-id35340
pubs.end-page233en_NZ
pubs.issue2en_NZ
pubs.volume23en_NZ
Files
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Name: license.txt
Size: 1.71 KB
Kind: License
Collections
Management Papers