According to IFRS 10, the term 'non-controlling interest' means:
A) the total equity of the combined group
B) the equity in the parent entity other than the portion owned by the subsidiary entity
C) the equity in the economic entity other than that which can be attributed to the subsidiary entity
D) equity in a subsidiary not attributable, directly or indirectly, to a parent.

Question

Quizplus · Accepted Answer

Non-controlling interest refers to the portion of equity in a subsidiary that is not attributable, directly or indirectly, to a parent. This includes the portion owned by minority shareholders or other entities that are not the parent.

According to IFRS 10, the Term 'Non-Controlling Interest' Means