What does the term noncontrolling interest mean


1. What does the term noncontrolling interest mean?

2. Where should the noncontrolling interests claims be reported in a consolidated set of financial statements?

3. How is the noncontrolling interest in a subsidiary company calculated as of the end of the current year?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: What does the term noncontrolling interest mean
Reference No:- TGS068462

Expected delivery within 24 Hours