Asked by
Daniel Brandao
on Oct 14, 2024
Verified
The sequence of acquisition dates in a tiered group is irrelevant to the consolidation process for indirect NCI.
Sequence of Acquisition Dates
Refers to the chronological order in which significant ownership interests in other entities are obtained, impacting the consolidation process and valuation of investments.
Indirect NCI
Represents the portion of equity in a subsidiary not attributable directly to the parent company, often arising in complex group structures.
Tiered Group
A structure of multiple groups or entities arranged in a hierarchy, where control or ownership is exercised through several layers.
- Identify the importance of the order of acquisitions in the process of consolidation.
Verified Answer
KC
Learning Objectives
- Identify the importance of the order of acquisitions in the process of consolidation.