This week we're diving into noncontrolling interests by examining how Costco reports its majority$-$owned subsidiary in Talwan. You'll explore how noncontrolling interest is reflected across the different consolidated financial statements in Costco's $10-K,$ and connect that to the concept of the single economic entity under the acquisition method.

Remember, the noncontrolling interest represents the portion of equily in a subsidiary not attributable to the parent. As you look through Costco's financials, consider why it's Important for investors and regulators to see that stice clearly presented.

Looking forward to your insights on how this reporting supports transparency and accurate representation of economic control.