Hi,
Like to know the different methods available in Consolidation of Investment and calcuation of Non-controling Interest.
One of the scenario, in my current organization.
We have a Parent company P1000 and Subsidary companies S2000 and S2001
P1000 has invest different share percentages to develop the subsidary companies for ex
P1000 invest 56% on S2000
P1000 Invest 73% on S2001 etc..
P1000 is a listed company and subsidaries are not.
Now if i adopt a method for Consolidation of Investment it will be Equity method or Purchase method.
your help on this will be highly appreciated.
thanks and regards
Praveen.J