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The FASB ASC paragraph 810-10-45 -16 states: “The controlling inerestshall be reported to the consolidated statement of financial position with in equity, seperately from the parent’s equity. That amount shallbe clearly identified and labeled, for example, as noncontrolling interest in subsidiaries.”However prior to issuing this current reporting requirement the FASB considered several aleternative display formats for the noncontrollinginterest. Access the precodification standard, SFAS 160, “NoncontollingInterest in Consolidated Financial Statements.” at www.fasb.orgto answer the following:C. In what specific ways did FASB Concept Statement 6 effect the FASBevaluation of these alternatives?
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