In accordance with the AASB 12 Disclosure of Interests in Other Entities, which of the following information relating to the NCI is not required to be disclosed?
A) The profit or loss allocated to NCI of the subsidiary during the reporting period.
B) The proportion of ownership interests held by NCI.
C) The total number of shares owned by the NCI.
D) The name of the subsidiary.

Question

Quizplus · Accepted Answer

AASB 12 requires the disclosure of the profit or loss allocated to NCI and their proportion of ownership interests, but it does not specifically require the disclosure of the total number of shares owned by the NCI.

In Accordance with the AASB 12 Disclosure of Interests in Other