An accounting standard FASB issued in 2007 to address ownership interests within a company’s subsidiary achieves its purpose but does have areas that might be improved, a review found. A Financial ...

Non-controlling interests are any ownership below 51%, limiting decision-making power. Investors can hold direct or indirect non-controlling interests by purchasing shares or via acquisitions.

As first-quarter earnings reports begin hitting the market, companies with minority interests in subsidiary operations will have some explaining to do when it comes to the balance sheet and the income ...