I am Dumb Tech Interview Question
Quick question, is Net Income Attributable to NCI considered a non-cash expense?
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Hi Intern in IB - Gen, any of these topics helpful:
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Fingers crossed that one of those helps you.
Correct me if I am wrong but a NCI is not an expense so it would not be accounted for in non cash expense adjustments in the CFS. If that was what you were getting at, then I think the adjustment would be none for CFS and in Equity section of B/S.
Cash flow statements usually start from NI before NCI deductions, NCI represents the share of earnings that the company's shareholder do not have an interest in, its not a cash expense unless money flowed directly to the NCI owners.
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