On the statement of financial position the non-controlling interest account is reported as a long-term investment.

Name: On the statement of financial position the non-controlling interest account is reported as a long-term investment.
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Non-controlling interest is reported in the equity section of the consolidated statement of financial position, not as a long-term investment. It represents the equity interest in a subsidiary not attributable, directly or indirectly, to the parent company.

On the Statement of Financial Position the Non-Controlling Interest Account