Advanced Accounting (Canada) · Consolidation at Acquisition: NCI, FVE vs INA, Bargain Purchase

A subsidiary's depreciable building is revalued to fair value on consolidation. IFRS 10 is silent on how to split that fair value into cost and accumulated depreciation — so where does the guidance come from, and which method does this text default to?

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More in Consolidation at Acquisition: NCI, FVE vs INA, Bargain Purchase

Proportionate consolidation: how much of the subsidiary is brought on, is NCI shown, and where is this method still permitted?

Writing the FVE goodwill formula, a colleague leaves out the fair value of the NCI. Which figure has he produced instead, and which way is goodwill misstated?

You are told to consolidate at acquisition using the FVE (entity / full goodwill) method. At what amount do you record NCI, and what does that choice do to goodwill?

NCI represents the subsidiary shares the parent did NOT acquire. On the consolidated balance sheet, in which section does it sit, and why does that placement matter?

A parent owns a controlling but non-100% stake in a sub. Under both FVE and INA, what percentage of the sub's identifiable assets and liabilities is consolidated, and at what value?

When deriving INA goodwill, which slice of the identifiable net assets' fair value do you subtract, and whose goodwill ends up recognized?

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