标题: Minority Interest: Schweser different from CFAI [打印本页] 作者: Londonrocks 时间: 2013-4-4 01:21 标题: Minority Interest: Schweser different from CFAI
Just wanted to confirm:
Schweser Notes indicated Consolidation Method; Proprotional and Equity Method will have same Net Income and same Share Holders Equity.
BUT
CFA Cirriculum indicates that under Consolidation Method, Minority interest is added to Share Holders Equity which increases SHE, does that also mean it decreases ROE? (the old way, I believe is to have a line for minority between Liabilities and SHE).
I get confused when there’s inconsistencies like this. Can someone kindly confirm? Thanks.作者: profil 时间: 2013-4-4 01:24
MI is part of SE under both USG and IFRS. Schweser is inaccurate… SE (with MI included) is NOT the same under consolidation / proportional / equity method.
NI will be the same however作者: dreampak 时间: 2013-4-4 01:35
Is it general practice (in real world) to take out MI when calculating ROE?作者: bigredhockey55 时间: 2013-4-4 01:39
