With reference to IFRS, discuss the treatment of non-controlling interests where: 1.2 The parent company pays a premium of acquisition of 90% of the subsidiary due to the plant being undervalued in the subsidiary's books. 

2. The subsidiary sells goods at a profit to the parent company which owns 75% of the subsidiary's shares.

Answer rating: 100% (QA)

1 When parent company pays a premium of acquisition of 90 of the subsidiary goodwill ... View the full answer