Noncontrolling Interest, also known as minority interest, represents the portion of equity in a subsidiary not attributable to the parent company. It appears in the consolidated financial statements, reflecting the ownership interest of minority shareholders. Noncontrolling interest is reported in the equity section of the balance sheet, indicating the claim on net assets by shareholders other than the parent. This term is crucial for understanding the distribution of ownership in corporate structures.
CMA Prep Course
CMA Exam Academy is a proven, 16-week per part online coaching program to help you pass the CMA. The Academy’s comprehensive curriculum will help you pass the CMA exam and achieve your dreams of earning 6-figures per year, ascend to the executive ranks and earn the respect from your peers.
