| Non-controlling Interest [CLO: 4] |
Read Chapter 3 of your course text-Christensen, T.E., Cottrell, D.M., & Budd, C.J.H. (2019). Advanced financial accounting (12th ed). McGraw-Hill Education.
Review McGraw Hill Education. (2019). Chapter 3: The reporting entity and consolidation of less-than-wholly-owned subsidiaries with no differential [PowerPoint slides].
Based on this week’s reading and PowerPoint:
- Explain the concept of non-controlling interest.
- Research examples from corporate financial statements and notes and provide specific examples of non-controlling interest.
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