Home  Journals  International Accounting  5(155) - 2011 February

Features of minority interest calculation and its reporting in consolidated financial statements According to International Finansial Standarts

Available online: 7 February 2011

Subject Heading: Account problems

JEL Classification: 

More than 50% interest holding in any particular subsidiary is required for its parent company be able to control it. If parent company's interest in some subsidiary is less than 100%, it may be required to calculate this subsidiary's minority interest that presents the share of stock not owned by parent. This essay presents the features of above mentioned indicator calculation and the way of its reporting in consolidated financial statements.

Keywords: сonsolidated accounting, consolidated financial statement, minority interest, subsidiaries, control, net assets, shareholders' equity

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ISSN 2311-9381 (Online)
ISSN 2073-5081 (Print)

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