Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A minority investment or a minority interest refers to the non-controlling share in a company held by an investor or another company. For example, a
A minority investment or a minority interest refers to the non-controlling share in a company held by an investor or another company. For example, a private equity firm may have a non-controlling share in a company. The minority investment is usually less than 50% of the total outstanding shares of the company. The minority investment can be either minority passive interest or minority active interest.
How are the minority investments are reported under IFRS and US GAAP?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started