What is the method of presentation required by SFAS 160 of "non-controlling interest" on a consolidated balance sheet?
A) As a deduction from goodwill from consolidation.
B) As a separate item within the long-term liabilities section.
C) As a part of stockholders' equity.
D) As a separate item between liabilities and stockholders' equity.

Question

Quizplus · Accepted Answer

Non-controlling interest is presented as a part of stockholders' equity according to SFAS 160, reflecting its nature as an ownership interest in the consolidated entity that is not attributable to the parent company.

What Is the Method of Presentation Required by SFAS 160