Why are there 2 methods of measuring NCI (one at fair value and the other as a proportion of net assets)? Top tutor Tom Clendon explains that the reason why there is a choice is because the standard says so.
However, there is a problem as giving a choice reduces comparability for users. Want to know more? Well you can read Tom’s piece in the latest PQ magazine: https://issuu.com/pqpublishing/docs/pq_nov23_multi.
Don’t forget to sign up for your free monthly subscription to PQ magazine at www.pqmagazine.com
