stalkey

Yep, equity is higher under the acquisition method due to MI.

If you're studying from Schweser, they say that it isn't part of equity, although that is corrected on the errata on their website. The CFAi considers it is part of equity, so it will be higher under the acquisition method compared to the equity method. As a side note, proportionate consolidation method will be same as equity method, because there is no MI.

Schweser are awful. The number of errors in their curriculum is shocking. And that's a pretty big screw up.