Non-controlling interest in the consolidated financial statements of Dong Bac Corporation

  • Organ:
    1 Faculty of Economics and Business Administration, Hanoi University of Mining and Geology, Vietnam
    2 Faculty of Accounting, Hanoi University of Business and Technology, Vietnam
  • Keywords: Consolidated financial statements,Dong Bac Corporation,Joint stock company, Non-controlling interests.
  • Received: 10th-Aug-2020
  • Accepted: 10th-Sept-2020
  • Available online: 31st-Oct-2020
Pages: 125 - 134
View: 336

Abstract:

In the consolidated financial statements, the non-controlling interest is an important indicator, a part of equity. The recognition of this criteria will help the consolidated financial statements become more public, transparent and accurate, and help shareholders to understand their interests in the investment process and in the capital contribution process. However, at present, the regulations on recognition of non-controlling interest are still controversial when corporations, parent companies, and groups are implemented in practice, including Dong Bac Corporation. By analyzing, synthesizing and evaluating methods, the author focuses on researching the theoretical basis of non-controlling interest, clarifying how to recognize and present non-controlling interests at the Dong Bac Corporation.

How to Cite
Nguyen, T.Minh Thi and Hoang, O.Kim 2020. Non-controlling interest in the consolidated financial statements of Dong Bac Corporation (in Vietnames). Journal of Mining and Earth Sciences. 61, 5 (Oct, 2020), 125-134. DOI:https://doi.org/10.46326/JMES.KTQTKD2020.17.
References

[1]. Bộ Tài chính, (2014). Thông tư 202/2014/TT-BTC ban hành ngày 22 tháng 12 năm 2014, Hướng dẫn phương pháp lập và trình bày Báo cáo tài chính hợp nhất.

[2]. Bộ Tài chính, (2015). 26 chuẩn mực kế toán Việt Nam. Nhà xuất bản Tài chính. Hà Nội, Việt Nam.

[3]. International Accounting Standards Board, Standards (IFRSs), (2014). http://www.ifrs.org/IFRSs/Pages/IFRS.aspx.

[4]. Nguyễn Văn Ngọc, (2006). Từ điển kinh tế học. Nhà xuất bản Đại học Kinh tế quốc dân. Hà Nội, trang 295.

[5]. Tổng công ty Đông Bắc. Tài liệu kế toán các năm 2017, 2018, 2019.